ATS Co. (NYSE:ATS - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 3,790,000 shares, a decrease of 6.2% from the January 15th total of 4,040,000 shares. Currently, 3.9% of the shares of the company are sold short. Based on an average daily trading volume, of 139,500 shares, the days-to-cover ratio is currently 27.2 days.
Several institutional investors and hedge funds have recently modified their holdings of the business. Beutel Goodman & Co Ltd. grew its stake in shares of ATS by 497.7% in the fourth quarter. Beutel Goodman & Co Ltd. now owns 6,515,682 shares of the company's stock worth $198,614,000 after purchasing an additional 5,425,613 shares in the last quarter. Capital World Investors grew its stake in shares of ATS by 11.0% in the fourth quarter. Capital World Investors now owns 3,449,762 shares of the company's stock worth $105,212,000 after purchasing an additional 341,904 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of ATS by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 3,229,265 shares of the company's stock worth $98,486,000 after purchasing an additional 51,365 shares in the last quarter. Fairfax Financial Holdings Ltd. Can grew its stake in shares of ATS by 4,285.2% in the fourth quarter. Fairfax Financial Holdings Ltd. Can now owns 2,486,400 shares of the company's stock worth $73,871,000 after purchasing an additional 2,429,700 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of ATS by 333.3% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,671,264 shares of the company's stock worth $50,905,000 after purchasing an additional 1,285,598 shares in the last quarter. Institutional investors own 75.84% of the company's stock.
Shares of ATS opened at $29.29 on Tuesday. The company has a market cap of $2.87 billion, a P/E ratio of 44.38 and a beta of 1.13. The stock has a fifty day moving average price of $29.02 and a 200 day moving average price of $28.92. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.92 and a quick ratio of 1.71. ATS has a 12 month low of $24.82 and a 12 month high of $39.59.
ATS (NYSE:ATS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.23 EPS for the quarter, hitting analysts' consensus estimates of $0.23. ATS had a return on equity of 9.95% and a net margin of 3.27%. On average, research analysts forecast that ATS will post 1.06 earnings per share for the current year.
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.
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