Aigen Investment Management LP Has $595,000 Stock Position in ATS Co. (NYSE:ATS)

Aigen Investment Management LP lifted its holdings in shares of ATS Co. (NYSE:ATS) by 19.8% during the third quarter, Holdings Channel.com reports. The firm owned 20,493 shares of the company’s stock after acquiring an additional 3,381 shares during the quarter. Aigen Investment Management LP’s holdings in ATS were worth $595,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of ATS. Van ECK Associates Corp grew its position in shares of ATS by 91.5% in the 2nd quarter. Van ECK Associates Corp now owns 3,294 shares of the company’s stock valued at $106,000 after buying an additional 1,574 shares during the last quarter. Bessemer Group Inc. increased its position in ATS by 37.7% during the 1st quarter. Bessemer Group Inc. now owns 4,164 shares of the company’s stock valued at $140,000 after purchasing an additional 1,140 shares during the period. Hantz Financial Services Inc. acquired a new stake in ATS during the 2nd quarter valued at approximately $286,000. Dynasty Wealth Management LLC bought a new position in ATS during the 1st quarter worth approximately $337,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of ATS by 4.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 17,457 shares of the company’s stock worth $565,000 after purchasing an additional 804 shares during the period. Institutional investors own 75.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their target price on shares of ATS from $36.00 to $31.00 and set a “neutral” rating for the company in a research note on Tuesday, August 13th. The Goldman Sachs Group dropped their price objective on ATS from $34.00 to $30.00 and set a “sell” rating on the stock in a research note on Tuesday, August 13th.

ATS Stock Up 3.5 %

ATS stock opened at $29.35 on Thursday. The company has a market capitalization of $2.87 billion, a PE ratio of 30.57 and a beta of 1.05. ATS Co. has a 12-month low of $24.82 and a 12-month high of $44.70. The firm’s fifty day moving average is $29.04 and its 200 day moving average is $30.26. The company has a quick ratio of 1.71, a current ratio of 2.08 and a debt-to-equity ratio of 1.00.

ATS Company Profile

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services.