ATS Co. (NYSE:ATS) Shares Acquired by PDT Partners LLC

PDT Partners LLC raised its position in shares of ATS Co. (NYSE:ATS) by 46.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,702 shares of the company’s stock after buying an additional 7,520 shares during the quarter. PDT Partners LLC’s holdings in ATS were worth $689,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Highland Peak Capital LLC bought a new stake in shares of ATS in the 3rd quarter valued at approximately $5,798,000. Allspring Global Investments Holdings LLC bought a new position in shares of ATS in the 2nd quarter worth about $11,602,000. Burgundy Asset Management Ltd. boosted its holdings in shares of ATS by 196.7% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 161,563 shares of the company’s stock valued at $5,226,000 after buying an additional 107,110 shares during the period. 1832 Asset Management L.P. grew its position in shares of ATS by 41.0% during the 2nd quarter. 1832 Asset Management L.P. now owns 619,529 shares of the company’s stock valued at $20,017,000 after buying an additional 180,129 shares during the last quarter. Finally, Nicola Wealth Management LTD. acquired a new stake in ATS during the third quarter worth about $11,071,000. Institutional investors own 75.84% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. The Goldman Sachs Group decreased their target price on ATS from $34.00 to $30.00 and set a “sell” rating for the company in a research note on Tuesday, August 13th. JPMorgan Chase & Co. reduced their price objective on ATS from $36.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, August 13th.

ATS Trading Down 1.6 %

Shares of ATS stock opened at $32.17 on Tuesday. The firm has a market capitalization of $3.15 billion, a PE ratio of 33.51 and a beta of 1.05. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.71 and a current ratio of 2.08. ATS Co. has a 1 year low of $24.82 and a 1 year high of $44.70. The stock has a fifty day moving average of $30.05 and a two-hundred day moving average of $29.98.

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.