Whittier Trust Co. of Nevada Inc. Has $255,000 Stock Holdings in Celestica Inc. (NYSE:CLS)

Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Celestica Inc. (NYSE:CLS) (TSE:CLS) by 111.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,759 shares of the technology company’s stock after purchasing an additional 1,452 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Celestica were worth $255,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Whale Rock Capital Management LLC lifted its position in shares of Celestica by 13.0% during the 3rd quarter. Whale Rock Capital Management LLC now owns 8,467,244 shares of the technology company’s stock worth $432,846,000 after purchasing an additional 975,163 shares during the last quarter. Point72 Asset Management L.P. raised its holdings in Celestica by 38.5% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,084,722 shares of the technology company’s stock valued at $55,451,000 after acquiring an additional 301,563 shares in the last quarter. Westfield Capital Management Co. LP raised its holdings in Celestica by 25.8% in the 3rd quarter. Westfield Capital Management Co. LP now owns 536,249 shares of the technology company’s stock valued at $27,413,000 after acquiring an additional 109,972 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Celestica in the 4th quarter valued at approximately $47,685,000. Finally, Alberta Investment Management Corp raised its holdings in Celestica by 161.5% in the 4th quarter. Alberta Investment Management Corp now owns 279,791 shares of the technology company’s stock valued at $25,808,000 after acquiring an additional 172,814 shares in the last quarter. Institutional investors and hedge funds own 67.38% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. TD Securities upped their price target on Celestica from $70.00 to $107.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. CIBC raised Celestica from a “neutral” rating to a “sector outperform” rating and set a $150.00 price target for the company in a report on Friday, January 31st. Stifel Nicolaus upped their price target on Celestica from $140.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Canaccord Genuity Group upped their price objective on Celestica from $77.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, December 20th. Finally, JPMorgan Chase & Co. began coverage on Celestica in a research note on Friday, February 21st. They issued an “overweight” rating and a $166.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.83.

Insider Buying and Selling at Celestica

In other news, CEO Robert Mionis sold 52,588 shares of the business’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $127.54, for a total transaction of $6,707,073.52. Following the completion of the sale, the chief executive officer now owns 531,417 shares in the company, valued at $67,776,924.18. The trade was a 9.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Alok K. Agrawal sold 6,826 shares of the business’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $133.92, for a total value of $914,137.92. Following the sale, the insider now owns 9,224 shares of the company’s stock, valued at approximately $1,235,278.08. The trade was a 42.53 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 959,381 shares of company stock worth $119,142,019. Insiders own 1.00% of the company’s stock.

Celestica Trading Up 0.5 %

Shares of NYSE CLS opened at $96.09 on Monday. The company has a current ratio of 1.47, a quick ratio of 0.87 and a debt-to-equity ratio of 0.49. The company has a market cap of $11.18 billion, a PE ratio of 25.69 and a beta of 2.21. The company has a 50-day moving average of $109.74 and a two-hundred day moving average of $86.72. Celestica Inc. has a 1-year low of $40.25 and a 1-year high of $144.27.

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.