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24,067 Shares in Celestica Inc. (NYSE:CLS) Purchased by Roman Butler Fullerton & Co.

Celestica logo with Computer and Technology background

Roman Butler Fullerton & Co. purchased a new position in Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 24,067 shares of the technology company's stock, valued at approximately $2,102,000.

A number of other institutional investors have also recently made changes to their positions in CLS. Optimum Investment Advisors grew its position in Celestica by 66.7% in the third quarter. Optimum Investment Advisors now owns 500 shares of the technology company's stock worth $26,000 after acquiring an additional 200 shares in the last quarter. Financial Management Professionals Inc. purchased a new position in shares of Celestica in the 3rd quarter worth about $30,000. Private Trust Co. NA raised its holdings in shares of Celestica by 480.0% during the 3rd quarter. Private Trust Co. NA now owns 870 shares of the technology company's stock valued at $44,000 after buying an additional 720 shares in the last quarter. Global Trust Asset Management LLC bought a new stake in Celestica in the 3rd quarter worth approximately $51,000. Finally, R Squared Ltd bought a new stake in Celestica in the 4th quarter worth approximately $51,000. Institutional investors own 67.38% of the company's stock.

Celestica Trading Up 0.2 %

CLS stock traded up $0.25 on Tuesday, reaching $132.31. The company's stock had a trading volume of 3,549,176 shares, compared to its average volume of 4,886,022. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 1.47. The business has a fifty day simple moving average of $107.98 and a two-hundred day simple moving average of $78.37. The firm has a market cap of $15.40 billion, a PE ratio of 35.38 and a beta of 2.27. Celestica Inc. has a 12-month low of $36.11 and a 12-month high of $144.27.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CLS shares. Barclays increased their price target on shares of Celestica from $139.00 to $157.00 and gave the company an "overweight" rating in a research report on Thursday, February 13th. TD Securities boosted their price target on shares of Celestica from $70.00 to $107.00 and gave the stock a "buy" rating in a research note on Tuesday, January 28th. BMO Capital Markets upped their price target on shares of Celestica from $64.00 to $72.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Cibc World Mkts raised Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Finally, TD Cowen raised their price target on Celestica from $68.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $104.91.

Read Our Latest Report on Celestica

Insider Transactions at Celestica

In other Celestica news, Director Michael Wilson sold 25,000 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $98.73, for a total value of $2,468,250.00. Following the completion of the transaction, the director now owns 1,784 shares in the company, valued at approximately $176,134.32. This represents a 93.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, President Todd C. Cooper sold 65,000 shares of the firm's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $129.78, for a total value of $8,435,700.00. Following the transaction, the president now directly owns 110,426 shares of the company's stock, valued at $14,331,086.28. This represents a 37.05 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 959,381 shares of company stock valued at $119,142,019. Company insiders own 1.00% of the company's stock.

About Celestica

(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.

Further Reading

Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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