Janney Montgomery Scott LLC Has $3.29 Million Holdings in Celestica Inc. (NYSE:CLS)

Janney Montgomery Scott LLC decreased its position in Celestica Inc. (NYSE:CLS) (TSE:CLS) by 3.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 35,614 shares of the technology company’s stock after selling 1,084 shares during the period. Janney Montgomery Scott LLC’s holdings in Celestica were worth $3,287,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of CLS. SG Americas Securities LLC bought a new stake in Celestica in the fourth quarter valued at $162,000. Global Trust Asset Management LLC boosted its holdings in Celestica by 195.0% in the fourth quarter. Global Trust Asset Management LLC now owns 2,950 shares of the technology company’s stock worth $272,000 after acquiring an additional 1,950 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. acquired a new stake in Celestica in the fourth quarter valued at approximately $300,000. UMB Bank n.a. increased its holdings in shares of Celestica by 43.6% during the fourth quarter. UMB Bank n.a. now owns 949 shares of the technology company’s stock valued at $88,000 after acquiring an additional 288 shares in the last quarter. Finally, Annex Advisory Services LLC acquired a new position in shares of Celestica during the fourth quarter worth approximately $265,000. Institutional investors own 67.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. TD Securities lifted their price target on shares of Celestica from $70.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday. BMO Capital Markets upped their target price on shares of Celestica from $64.00 to $72.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Barclays lifted their price target on Celestica from $91.00 to $139.00 and gave the company an “overweight” rating in a research note on Thursday. Royal Bank of Canada raised their target price on Celestica from $115.00 to $140.00 and gave the company an “outperform” rating in a report on Friday. Finally, TD Cowen increased their price target on Celestica from $68.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Celestica presently has a consensus rating of “Moderate Buy” and an average target price of $99.64.

Insider Activity at Celestica

In other news, Director Michael Wilson sold 25,000 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $98.73, for a total transaction of $2,468,250.00. Following the completion of the transaction, the director now owns 1,784 shares in the company, valued at approximately $176,134.32. This represents a 93.34 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is owned by company insiders.

Celestica Stock Up 8.2 %

Shares of NYSE:CLS opened at $123.57 on Friday. Celestica Inc. has a 1 year low of $32.80 and a 1 year high of $133.66. The company has a market capitalization of $14.38 billion, a PE ratio of 33.04 and a beta of 2.25. The business has a fifty day moving average price of $98.48 and a two-hundred day moving average price of $72.18. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87.

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.