Aviso Financial Inc. Buys 826 Shares of ATS Co. (NYSE:ATS)

Aviso Financial Inc. grew its stake in ATS Co. (NYSE:ATS) by 1.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,681 shares of the company’s stock after purchasing an additional 826 shares during the quarter. Aviso Financial Inc.’s holdings in ATS were worth $1,393,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of ATS. Swiss National Bank raised its stake in ATS by 0.6% in the fourth quarter. Swiss National Bank now owns 164,500 shares of the company’s stock worth $5,015,000 after buying an additional 900 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of ATS by 333.3% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company’s stock worth $50,905,000 after acquiring an additional 1,285,598 shares in the last quarter. Scheer Rowlett & Associates Investment Management Ltd. purchased a new position in shares of ATS in the 4th quarter valued at approximately $4,538,000. Nicola Wealth Management LTD. boosted its position in shares of ATS by 12.1% during the fourth quarter. Nicola Wealth Management LTD. now owns 427,300 shares of the company’s stock valued at $13,024,000 after purchasing an additional 46,200 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in ATS by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 198,402 shares of the company’s stock worth $6,048,000 after purchasing an additional 5,525 shares during the period. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Price Performance

ATS opened at $27.22 on Friday. ATS Co. has a 12-month low of $24.82 and a 12-month high of $37.54. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 41.24 and a beta of 0.98. The company has a current ratio of 1.92, a quick ratio of 1.58 and a debt-to-equity ratio of 0.97. The stock has a fifty day simple moving average of $27.98 and a two-hundred day simple moving average of $29.00.

ATS (NYSE:ATS) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.23. ATS had a net margin of 3.27% and a return on equity of 9.95%. Research analysts predict that ATS Co. will post 1.02 earnings per share for the current fiscal year.

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.