K.J. Harrison & Partners Inc Has $1.55 Million Holdings in ATS Co. (NYSE:ATS)

K.J. Harrison & Partners Inc boosted its holdings in shares of ATS Co. (NYSE:ATS) by 17.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,850 shares of the company’s stock after buying an additional 5,200 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in ATS were worth $1,548,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its holdings in shares of ATS by 4,342.1% during the third quarter. PNC Financial Services Group Inc. now owns 844 shares of the company’s stock worth $36,000 after acquiring an additional 825 shares during the period. Psagot Value Holdings Ltd. Israel bought a new stake in shares of ATS during the third quarter worth approximately $234,000. Shell Asset Management Co. boosted its holdings in shares of 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. Brown Advisory Inc. bought a new stake in shares of ATS during the third quarter worth approximately $321,000. Finally, Citigroup Inc. boosted its holdings in shares of ATS by 5.4% during the third quarter. Citigroup Inc. now owns 8,193 shares of the company’s stock worth $351,000 after acquiring an additional 420 shares during the period. Institutional investors and hedge funds own 75.84% of the company’s stock.

ATS Price Performance

Shares of ATS stock traded up $0.23 during trading on Friday, hitting $33.03. The company had a trading volume of 113,690 shares, compared to its average volume of 92,834. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 1.70. The firm has a market capitalization of $3.27 billion and a P/E ratio of 24.65. The stock’s 50-day moving average price is $34.98 and its 200 day moving average price is $38.24. ATS Co. has a one year low of $29.78 and a one year high of $48.89.

ATS (NYSE:ATS) last issued its quarterly earnings results on Wednesday, February 7th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.02). The company had revenue of $552.45 million during 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%. Equities analysts expect that ATS Co. will post 1.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.