Geode Capital Management LLC Has $1.14 Million Stake in ATS Co. (NYSE:ATS)

Geode Capital Management LLC grew its stake in ATS Co. (NYSE:ATS) by 5.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,987 shares of the company’s stock after purchasing an additional 1,920 shares during the period. Geode Capital Management LLC’s holdings in ATS were worth $1,136,000 as of its most recent filing with the Securities and Exchange Commission.

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

ATS Stock Performance

NYSE:ATS opened at $28.66 on Friday. The stock’s 50-day moving average is $30.33 and its 200-day moving average is $29.72. The stock has a market cap of $2.81 billion, a P/E ratio of 29.85 and a beta of 1.16. ATS Co. has a 1-year low of $24.82 and a 1-year high of $44.70. 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 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.