3,300 Shares in Celestica Inc. (NYSE:CLS) Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. acquired a new position in shares of Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,300 shares of the technology company's stock, valued at approximately $304,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new position in Celestica during the 3rd quarter worth $30,000. Private Trust Co. NA increased its stake in Celestica by 480.0% during the 3rd quarter. Private Trust Co. NA now owns 870 shares of the technology company's stock worth $44,000 after acquiring an additional 720 shares during the period. Global Trust Asset Management LLC bought a new position in Celestica during the 3rd quarter worth $51,000. R Squared Ltd bought a new position in shares of Celestica in the 4th quarter valued at $51,000. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in shares of 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 purchasing an additional 275 shares during the last quarter. Institutional investors own 67.38% of the company's stock.

Insider Buying and Selling at Celestica

In other Celestica news, insider Yann L. Etienvre sold 9,181 shares of the company's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $127.54, for a total value of $1,170,944.74. Following the sale, the insider now owns 83,179 shares in the company, valued at approximately $10,608,649.66. The trade was a 9.94 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, President Todd C. Cooper sold 65,000 shares of the company's stock in a transaction dated 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 completion of the sale, the president now owns 110,426 shares in the company, valued at $14,331,086.28. This trade represents a 37.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 959,381 shares of company stock worth $119,142,019. Insiders own 1.00% of the company's stock.

Celestica Trading Down 4.5 %

Shares of NYSE CLS traded down $5.61 during trading on Friday, reaching $119.41. The company had a trading volume of 4,461,770 shares, compared to its average volume of 4,805,599. The company's fifty day moving average price is $110.78 and its 200-day moving average price is $80.16. Celestica Inc. has a 12 month low of $38.80 and a 12 month high of $144.27. The stock has a market cap of $13.89 billion, a P/E ratio of 31.93 and a beta of 2.27. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. CIBC upgraded Celestica from a "neutral" rating to a "sector outperform" rating and set a $150.00 price target on the stock in a research note on Friday, January 31st. BMO Capital Markets lifted their price target on Celestica from $64.00 to $72.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Barclays lifted their price target on Celestica from $139.00 to $157.00 and gave the company an "overweight" rating in a research note on Thursday, February 13th. UBS Group assumed coverage on Celestica in a research note on Friday, November 22nd. They issued a "neutral" rating and a $95.00 price target on the stock. Finally, TD Cowen lifted their price target on Celestica from $68.00 to $70.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $110.83.

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.