ATS Co. (NYSE:ATS) Shares Sold by Trexquant Investment LP

Trexquant Investment LP lessened its stake in ATS Co. (NYSE:ATS) by 68.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,839 shares of the company’s stock after selling 21,567 shares during the quarter. Trexquant Investment LP’s holdings in ATS were worth $300,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ATS. Thurston Springer Miller Herd & Titak Inc. increased its holdings in ATS by 94.3% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,772 shares of the company’s stock valued at $54,000 after buying an additional 860 shares in the last quarter. Northwest & Ethical Investments L.P. increased its stake in ATS by 7.9% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,527 shares of the company’s stock valued at $199,000 after purchasing an additional 478 shares in the last quarter. Procyon Advisors LLC acquired a new position in ATS during the fourth quarter worth $293,000. abrdn plc boosted its position in ATS by 38.5% during the fourth quarter. abrdn plc now owns 13,267 shares of the company’s stock worth $401,000 after purchasing an additional 3,685 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in ATS by 125.0% in the third quarter. Franklin Resources Inc. now owns 14,132 shares of the company’s stock valued at $431,000 after purchasing an additional 7,850 shares during the last quarter. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Trading Up 2.2 %

Shares of ATS stock opened at $24.06 on Monday. The stock has a market cap of $2.36 billion, a P/E ratio of 36.45 and a beta of 1.10. 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 fifty-two week low of $20.90 and a fifty-two week high of $35.42. The business has a fifty day simple moving average of $27.09 and a 200-day simple moving average of $28.78.

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

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.