Barclays PLC Acquires Shares of 17,567 ATS Co. (NYSE:ATS)

Barclays PLC bought a new stake in shares of ATS Co. (NYSE:ATS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,567 shares of the company’s stock, valued at approximately $510,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its stake in shares of ATS by 135.2% in the second quarter. The Manufacturers Life Insurance Company now owns 3,240,430 shares of the company’s stock worth $104,707,000 after acquiring an additional 1,862,912 shares during the last quarter. Nicola Wealth Management LTD. bought a new position in ATS in the 3rd quarter worth about $11,071,000. Intact Investment Management Inc. bought a new position in ATS in the 3rd quarter worth about $7,777,000. Highland Peak Capital LLC bought a new stake in ATS during the 3rd quarter valued at about $5,798,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in ATS by 73.6% in the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 425,392 shares of the company’s stock worth $12,341,000 after buying an additional 180,281 shares during the last quarter. 75.84% of the stock is owned by hedge funds and other institutional investors.

ATS Stock Up 0.9 %

ATS stock opened at $30.74 on Friday. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 32.02 and a beta of 1.15. The company has a current ratio of 2.08, a quick ratio of 1.71 and a debt-to-equity ratio of 1.00. ATS Co. has a 12 month low of $24.82 and a 12 month high of $44.70. The stock has a fifty day simple moving average of $30.44 and a two-hundred day simple moving average of $29.79.

ATS 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.