2,566 Shares in Celestica Inc. (NYSE:CLS) Acquired by Savant Capital LLC

Savant Capital LLC purchased a new position in shares of Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,566 shares of the technology company's stock, valued at approximately $237,000.

Several other institutional investors have also modified their holdings of CLS. Financial Management Professionals Inc. bought a new position in shares of Celestica during the third quarter worth about $30,000. Private Trust Co. NA grew its position in Celestica by 480.0% in 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 position in Celestica in the 3rd quarter valued at about $51,000. R Squared Ltd bought a new position in Celestica in the 4th quarter valued at about $51,000. Finally, Whittier Trust Co. of Nevada Inc. grew its position in Celestica by 26.6% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,307 shares of the technology company's stock valued at $67,000 after buying an additional 275 shares in the last quarter. Institutional investors own 67.38% of the company's stock.

Celestica Trading Down 4.5 %

CLS stock traded down $5.61 during mid-day trading on Friday, reaching $119.41. 4,457,040 shares of the stock traded hands, compared to its average volume of 4,805,327. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. Celestica Inc. has a 52-week low of $38.80 and a 52-week high of $144.27. The company has a market cap of $13.89 billion, a P/E ratio of 31.93 and a beta of 2.27. The stock's fifty day moving average is $110.38 and its 200-day moving average is $79.66.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Barclays increased their target price 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. UBS Group assumed coverage on shares of Celestica in a research report on Friday, November 22nd. They issued a "neutral" rating and a $95.00 target price for the company. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. assumed coverage on shares of Celestica in a research report on Friday. They issued an "overweight" rating and a $166.00 target price for the company. Finally, BMO Capital Markets increased their target price 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. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $110.83.

Insider Buying and Selling at Celestica

In other Celestica news, CEO Robert Mionis sold 441,325 shares of the company's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $122.28, for a total transaction of $53,965,221.00. Following the completion of the sale, the chief executive officer now directly owns 531,417 shares of the company's stock, valued at approximately $64,981,670.76. This represents a 45.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 directly owns 9,224 shares of the company's stock, valued at $1,235,278.08. This trade represents a 42.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 959,381 shares of company stock valued at $119,142,019. 1.00% of the stock is currently owned by corporate insiders.

About Celestica

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.