Foundations Investment Advisors LLC grew its position in Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) by 14.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,292 shares of the technology company’s stock after purchasing an additional 425 shares during the period. Foundations Investment Advisors LLC’s holdings in Celestica were worth $259,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. CoreCap Advisors LLC grew its position in Celestica by 5.4% in the 4th quarter. CoreCap Advisors LLC now owns 1,760 shares of the technology company’s stock valued at $162,000 after buying an additional 90 shares in the last quarter. First National Bank of Hutchinson grew its position in Celestica by 2.5% in the 1st quarter. First National Bank of Hutchinson now owns 4,914 shares of the technology company’s stock valued at $387,000 after buying an additional 120 shares in the last quarter. Private Trust Co. NA grew its position in Celestica by 14.1% in the 1st quarter. Private Trust Co. NA now owns 993 shares of the technology company’s stock valued at $78,000 after buying an additional 123 shares in the last quarter. Csenge Advisory Group grew its position in Celestica by 7.1% in the 1st quarter. Csenge Advisory Group now owns 2,593 shares of the technology company’s stock valued at $218,000 after buying an additional 171 shares in the last quarter. Finally, Bay Rivers Group grew its position in Celestica by 1.1% in the 1st quarter. Bay Rivers Group now owns 19,494 shares of the technology company’s stock valued at $1,536,000 after buying an additional 215 shares in the last quarter. Institutional investors own 67.38% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently issued reports on CLS. BNP Paribas upgraded shares of Celestica to a “strong-buy” rating in a research report on Wednesday, June 11th. JPMorgan Chase & Co. increased their target price on shares of Celestica from $170.00 to $225.00 and gave the company an “overweight” rating in a research report on Wednesday. Royal Bank Of Canada increased their target price on shares of Celestica from $185.00 to $225.00 and gave the company an “outperform” rating in a research report on Wednesday. Wall Street Zen upgraded shares of Celestica from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Canaccord Genuity Group increased their target price on shares of Celestica from $126.00 to $240.00 and gave the company a “buy” rating in a research report on Wednesday. Two analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Celestica presently has a consensus rating of “Buy” and a consensus price target of $168.92.
Celestica Stock Performance
NYSE:CLS opened at $194.84 on Friday. Celestica, Inc. has a twelve month low of $40.25 and a twelve month high of $214.47. The company has a 50-day moving average of $147.75 and a 200-day moving average of $116.70. The firm has a market cap of $22.40 billion, a price-to-earnings ratio of 42.17 and a beta of 1.80. The company has a current ratio of 1.44, a quick ratio of 0.85 and a debt-to-equity ratio of 0.48.
Celestica Company Profile
Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.
Further Reading
- Five stocks we like better than Celestica
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Bitcoin and Dividends: A Winning Combo in These 3 ETFs
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Is PG&E an AI Power Play? Why Options Traders Are Betting Big
- Canadian Penny Stocks: Can They Make You Rich?
- MarketBeat Week in Review – 07/28 – 08/01
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.
