Thrivent Financial for Lutherans grew its holdings in shares of Celestica, Inc. (NYSE:CLS – Free Report) (TSE:CLS) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,799 shares of the technology company’s stock after buying an additional 3,328 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Celestica were worth $16,796,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in CLS. Pinney & Scofield Inc. increased its stake in Celestica by 20.0% during the third quarter. Pinney & Scofield Inc. now owns 180 shares of the technology company’s stock worth $44,000 after acquiring an additional 30 shares during the last quarter. LeConte Wealth Management LLC lifted its stake in shares of Celestica by 3.5% in the 4th quarter. LeConte Wealth Management LLC now owns 1,001 shares of the technology company’s stock valued at $296,000 after purchasing an additional 34 shares during the last quarter. Terra Nova Asset Management LLC boosted its holdings in shares of Celestica by 2.3% in the 4th quarter. Terra Nova Asset Management LLC now owns 1,686 shares of the technology company’s stock worth $498,000 after purchasing an additional 38 shares during the period. Oxinas Partners LLC boosted its holdings in shares of Celestica by 1.4% in the 4th quarter. Oxinas Partners LLC now owns 2,958 shares of the technology company’s stock worth $874,000 after purchasing an additional 40 shares during the period. Finally, Avantax Planning Partners Inc. increased its position in shares of Celestica by 2.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 1,528 shares of the technology company’s stock valued at $452,000 after purchasing an additional 40 shares during the last quarter. Institutional investors own 67.38% of the company’s stock.
Celestica Stock Performance
CLS stock opened at $342.31 on Tuesday. The company has a quick ratio of 0.73, a current ratio of 1.26 and a debt-to-equity ratio of 0.36. The business’s fifty day simple moving average is $333.99 and its two-hundred day simple moving average is $316.59. Celestica, Inc. has a twelve month low of $109.09 and a twelve month high of $435.00. The firm has a market cap of $39.36 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 0.83 and a beta of 2.09.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on CLS shares. Weiss Ratings upgraded Celestica from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on shares of Celestica from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. TD Cowen raised shares of Celestica from a “hold” rating to a “buy” rating and increased their target price for the company from $350.00 to $430.00 in a research note on Wednesday, April 29th. Royal Bank Of Canada raised their target price on shares of Celestica from $400.00 to $440.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Finally, Aletheia Capital upped their price target on shares of Celestica from $330.00 to $410.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $427.42.
Check Out Our Latest Stock Analysis on Celestica
Celestica Company Profile
Celestica Inc is a multinational electronics manufacturing services (EMS) company that provides design, engineering, manufacturing and supply chain solutions to original equipment manufacturers across a range of industries. Headquartered in Toronto, Ontario, Canada, Celestica works with customers to develop and produce complex electronic and electro-mechanical products, integrating activities from product design and prototyping through high-volume assembly, testing and final system integration.
The company’s service offering typically includes product engineering and design support, printed circuit board assembly, box-build and systems assembly, automated test and inspection, aftermarket repair and refurbishment, and end-to-end supply chain and logistics management.
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