Natixis Advisors LLC Has $19.08 Million Holdings in Celestica Inc. (NYSE:CLS)

Natixis Advisors LLC lowered its stake in Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 206,710 shares of the technology company's stock after selling 26,775 shares during the period. Natixis Advisors LLC owned approximately 0.18% of Celestica worth $19,079,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. RPg Family Wealth Advisory LLC acquired a new position in shares of Celestica in the fourth quarter worth about $2,133,000. Commonwealth Equity Services LLC boosted its stake in Celestica by 90.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 37,723 shares of the technology company's stock worth $3,482,000 after purchasing an additional 17,958 shares during the period. Avantax Advisory Services Inc. grew its position in Celestica by 17.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 13,283 shares of the technology company's stock worth $1,226,000 after purchasing an additional 1,995 shares in the last quarter. Truvestments Capital LLC raised its stake in Celestica by 11.6% during the 4th quarter. Truvestments Capital LLC now owns 22,370 shares of the technology company's stock valued at $2,065,000 after purchasing an additional 2,323 shares during the period. Finally, PFG Advisors lifted its holdings in shares of Celestica by 4.6% in the fourth quarter. PFG Advisors now owns 10,162 shares of the technology company's stock valued at $938,000 after purchasing an additional 450 shares in the last quarter. 67.38% of the stock is owned by institutional investors.

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Celestica Stock Performance

CLS traded up $0.44 on Friday, hitting $96.09. The company had a trading volume of 2,891,599 shares, compared to its average volume of 2,732,366. Celestica Inc. has a 1-year low of $40.25 and a 1-year high of $144.27. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87. The company's fifty day moving average price is $109.74 and its 200 day moving average price is $86.17. The stock has a market cap of $11.18 billion, a price-to-earnings ratio of 25.69 and a beta of 2.21.

Wall Street Analyst Weigh In

CLS has been the topic of several recent analyst reports. Canaccord Genuity Group upped their price target on Celestica from $77.00 to $110.00 and gave the company a "buy" rating in a research report on Friday, December 20th. Royal Bank of Canada increased their price target on shares of Celestica from $115.00 to $140.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. started coverage on shares of Celestica in a research report on Friday, February 21st. They set an "overweight" rating and a $166.00 price objective on the stock. TD Securities increased their target price on shares of Celestica from $70.00 to $107.00 and gave the stock a "buy" rating in a research report on Tuesday, January 28th. Finally, Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $110.83.

Insider Transactions at Celestica

In related news, insider Alok K. Agrawal sold 6,826 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $133.92, for a total transaction of $914,137.92. Following the completion of the sale, the insider now owns 9,224 shares in the company, valued at $1,235,278.08. This represents a 42.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert Mionis sold 441,325 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $122.28, for a total value of $53,965,221.00. Following the completion of the sale, the chief executive officer now directly owns 531,417 shares in the company, valued at $64,981,670.76. This trade represents a 45.37 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 959,381 shares of company stock worth $119,142,019. 1.00% of the stock is owned by insiders.

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.