ATS Co. (NYSE:ATS) Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. increased its stake in ATS Co. (NYSE:ATS) by 333.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,671,264 shares of the company’s stock after acquiring an additional 1,285,598 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned approximately 1.71% of ATS worth $50,905,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of ATS. Van ECK Associates Corp grew its holdings in shares of ATS by 28.4% in the 3rd quarter. Van ECK Associates Corp now owns 4,230 shares of the company’s stock worth $132,000 after acquiring an additional 936 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of ATS by 3.4% in the 3rd quarter. Principal Financial Group Inc. now owns 661,040 shares of the company’s stock worth $19,201,000 after acquiring an additional 21,500 shares during the last quarter. Aigen Investment Management LP grew its holdings in shares of ATS by 19.8% in the 3rd quarter. Aigen Investment Management LP now owns 20,493 shares of the company’s stock worth $595,000 after acquiring an additional 3,381 shares during the last quarter. Nicola Wealth Management LTD. acquired a new position in shares of ATS in the 3rd quarter worth $11,071,000. Finally, CIBC Asset Management Inc grew its holdings in shares of ATS by 0.4% in the 3rd quarter. CIBC Asset Management Inc now owns 325,449 shares of the company’s stock worth $9,446,000 after acquiring an additional 1,269 shares during the last quarter. 75.84% of the stock is currently owned by institutional investors and hedge funds.

ATS Stock Performance

Shares of ATS stock opened at $26.04 on Thursday. The stock has a market cap of $2.55 billion, a PE ratio of 39.46 and a beta of 0.98. The business has a fifty day simple moving average of $28.13 and a 200-day simple moving average of $29.02. The company has a quick ratio of 1.58, a current ratio of 1.92 and a debt-to-equity ratio of 0.97. ATS Co. has a 12 month low of $24.82 and a 12 month high of $37.54.

ATS (NYSE:ATS) last issued its earnings results on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting the consensus estimate of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. On average, sell-side analysts anticipate that ATS Co. will post 1.02 EPS for the current fiscal year.

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.