1 day Ago By ABMN Staff
Commonwealth Equity Services LLC increased its position in shares of Celestica Inc. ( NYSE:CLS – Free Report ) (TSE:CLS) by 85.6% during the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 14,790 shares of the technology company’s stock after buying an additional 6,820 shares during the period. Commonwealth Equity Services LLC’s holdings in Celestica were worth $848,000 as of its most recent filing with the SEC. A number of other hedge funds have also recently added to or reduced their stakes in the company.
Oliver Luxxe Assets LLC acquired a new stake in shares of Celestica in the first quarter valued at about $3,248,000. Dimensional Fund Advisors LP raised its position in shares of Celestica by 12.6% in the fourth quarter.
Dimensional Fund Advisors LP now owns 1,314,600 shares of the technology company’s stock valued at $38,491,000 after buying an additional 147,417 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Celestica by 62.9% in the first quarter.
BNP Paribas Financial Markets now owns 546,230 shares of the technology company’s stock valued at $24,548,000 after buying an additional 210,943 shares during the last quarter. Rockingstone Advisors LLC acquired a new stake in shares of Celestica in the second quarter valued at about $2,442,000. Finally, Mirae Asset Global Investments Co.
Ltd. acquired a new stake in shares of Celestica in the first quarter valued at about $1,231,000. 67.
38% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades A number of brokerages have recently commented on CLS. Canaccord Genuity Group increased their target price on shares of Celestica from $53.
00 to $70.00 and gave the company a “buy” rating in a research report on Friday, July 26th. BMO Capital Markets raised their price objective on shares of Celestica from $53.
00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, June 17th. Royal Bank of Canada raised their price objective on shares of Celestica from $53.
00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, July 22nd. Stifel Nicolaus raised shares of Celestica from a “hold” rating to a “buy” rating and set a $58.
00 target price for the company in a research note on Monday, September 9th. Finally, StockNews.com lowered shares of Celestica from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd.
Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Celestica has an average rating of “Moderate Buy” and a consensus target price of $58.
38. Celestica Trading Down 0.3 % Shares of CLS stock opened at $46.
84 on Thursday. The firm has a 50-day moving average price of $50.86 and a 200 day moving average price of $50.
48. Celestica Inc. has a twelve month low of $20.
87 and a twelve month high of $63.49. The company has a market capitalization of $5.
56 billion, a price-to-earnings ratio of 17.48 and a beta of 2.29.
The company has a current ratio of 1.47, a quick ratio of 0.86 and a debt-to-equity ratio of 0.
49. Celestica ( NYSE:CLS – Get Free Report ) (TSE:CLS) last posted its quarterly earnings data on Wednesday, July 24th. The technology company reported $0.
91 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10.
Celestica had a net margin of 4.16% and a return on equity of 19.96%.
The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.25 billion.
During the same quarter in the prior year, the company posted $0.55 EPS. The company’s quarterly revenue was up 23.
3% compared to the same quarter last year. Research analysts forecast that Celestica Inc. will post 3.
22 earnings per share for the current fiscal year. Celestica Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding CLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Celestica Inc.
( NYSE:CLS – Free Report ) (TSE:CLS). 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 .
.
