Natixis Advisors L.P. Buys 19,647 Shares of ATS Co. (NYSE:ATS)

Natixis Advisors L.P. raised its stake in shares of ATS Co. (NYSE:ATS) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 497,622 shares of the company’s stock after acquiring an additional 19,647 shares during the period. Natixis Advisors L.P. owned about 0.50% of ATS worth $21,432,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp grew its position in ATS by 55.0% in the 4th quarter. Van ECK Associates Corp now owns 764 shares of the company’s stock worth $33,000 after purchasing an additional 271 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of ATS by 4,342.1% in the third quarter. PNC Financial Services Group Inc. now owns 844 shares of the company’s stock valued at $36,000 after acquiring an additional 825 shares in the last quarter. Psagot Value Holdings Ltd. Israel purchased a new stake in shares of ATS during the third quarter valued at approximately $234,000. Shell Asset Management Co. lifted its holdings in ATS by 15.4% during the third quarter. Shell Asset Management Co. now owns 6,731 shares of the company’s stock worth $288,000 after acquiring an additional 900 shares during the period. Finally, Brown Advisory Inc. purchased a new position in ATS in the third quarter worth $321,000. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Stock Performance

NYSE ATS opened at $32.12 on Monday. The firm has a market cap of $3.18 billion and a P/E ratio of 23.97. The company has a quick ratio of 1.41, a current ratio of 1.70 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average is $34.44 and its 200-day moving average is $38.00. ATS Co. has a 12-month low of $29.78 and a 12-month high of $48.89.

ATS (NYSE:ATS) last issued its earnings results on Wednesday, February 7th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.02). The business had revenue of $552.45 million for the quarter, compared to the consensus estimate of $536.95 million. ATS had a net margin of 5.89% and a return on equity of 17.56%. Sell-side analysts predict that ATS Co. will post 1.82 earnings per share for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group started coverage on shares of ATS in a research report on Tuesday, March 26th. They set a “sell” rating and a $34.00 price target for the company.

About ATS

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.