Voya Investment Management LLC Has $36.98 Million Stake in Celestica Inc. (NYSE:CLS)

Voya Investment Management LLC lessened its holdings in Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS by 5.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 400,612 shares of the technology company's stock after selling 23,495 shares during the period. Voya Investment Management LLC owned approximately 0.34% of Celestica worth $36,976,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. State Street Corp acquired a new position in shares of Celestica during the 3rd quarter worth about $452,000. Barclays PLC increased its holdings in shares of Celestica by 151.3% in the third quarter. Barclays PLC now owns 51,848 shares of the technology company's stock valued at $2,651,000 after purchasing an additional 31,219 shares during the period. Geode Capital Management LLC raised its position in Celestica by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 109,915 shares of the technology company's stock worth $6,236,000 after buying an additional 8,660 shares during the last quarter. Invst LLC lifted its position in Celestica by 24.0% in the third quarter. Invst LLC now owns 10,069 shares of the technology company's stock valued at $515,000 after purchasing an additional 1,948 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in shares of Celestica in the 3rd quarter valued at approximately $4,003,000. Hedge funds and other institutional investors own 67.38% of the company's stock.

Celestica Stock Down 1.5 %

Shares of CLS traded down $1.35 during midday trading on Monday, hitting $87.70. The company had a trading volume of 4,185,167 shares, compared to its average volume of 3,131,072. The company has a quick ratio of 0.87, a current ratio of 1.47 and a debt-to-equity ratio of 0.49. The company's 50 day moving average price is $88.34 and its 200 day moving average price is $92.67. Celestica Inc. has a 52 week low of $40.25 and a 52 week high of $144.27. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 23.45 and a beta of 2.09.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last posted its quarterly earnings results on Thursday, April 24th. The technology company reported $1.20 EPS for the quarter, beating the consensus estimate of $1.10 by $0.10. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.56 billion. Celestica had a net margin of 4.61% and a return on equity of 23.34%. The company's quarterly revenue was up 19.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.83 EPS. On average, equities research analysts predict that Celestica Inc. will post 4.35 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CLS shares. Barclays lowered their target price on shares of Celestica from $157.00 to $126.00 and set an "overweight" rating on the stock in a research report on Monday. TD Securities lifted their target price 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. Royal Bank of Canada reissued an "outperform" rating and issued a $120.00 target price on shares of Celestica in a research report on Monday. Cibc World Mkts upgraded Celestica from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 31st. Finally, JPMorgan Chase & Co. raised their target price on shares of Celestica from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $104.09.

Insider Buying and Selling

In other Celestica news, President Todd C. Cooper sold 91,490 shares of Celestica 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 $11,187,397.20. Following the transaction, the president now owns 175,426 shares in the company, valued at approximately $21,451,091.28. The trade was a 34.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert Mionis sold 441,325 shares of the company's stock in a transaction 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 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 disclosure for this sale can be found here. Insiders have sold a total of 934,381 shares of company stock valued at $116,673,769 in the last quarter. Company insiders own 1.00% of the company's stock.

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.