Bank of Montreal Can lifted its position in Celestica Inc (NYSE:CLS) (TSE:CLS) by 2.7% in the 4th quarter, HoldingsChannel reports. The fund owned 253,995 shares of the technology company’s stock after buying an additional 6,652 shares during the period. Bank of Montreal Can’s holdings in Celestica were worth $2,227,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Virtu Financial LLC purchased a new stake in shares of Celestica in the 3rd quarter valued at approximately $230,000. Renaissance Technologies LLC acquired a new position in Celestica in the 2nd quarter valued at approximately $298,000. CLARET ASSET MANAGEMENT Corp increased its stake in Celestica by 21.3% in the 3rd quarter. CLARET ASSET MANAGEMENT Corp now owns 35,751 shares of the technology company’s stock valued at $387,000 after buying an additional 6,286 shares during the period. Citadel Advisors LLC acquired a new position in Celestica in the 3rd quarter valued at approximately $437,000. Finally, Shell Asset Management Co. increased its stake in Celestica by 291.8% in the 3rd quarter. Shell Asset Management Co. now owns 42,402 shares of the technology company’s stock valued at $459,000 after buying an additional 31,580 shares during the period. Institutional investors and hedge funds own 68.22% of the company’s stock.

Several research firms have weighed in on CLS. ValuEngine lowered shares of Celestica from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. Zacks Investment Research lowered shares of Celestica from a “hold” rating to a “sell” rating in a research note on Tuesday, October 30th. Canaccord Genuity reiterated a “buy” rating and issued a $11.00 price objective on shares of Celestica in a research note on Tuesday, February 5th. BMO Capital Markets set a $9.00 price objective on shares of Celestica and gave the company a “hold” rating in a research note on Saturday, February 2nd. Finally, Scotiabank lowered shares of Celestica from an “outperform” rating to a “sector perform” rating in a research note on Friday, February 1st. One research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $10.17.

Shares of CLS opened at $8.28 on Monday. Celestica Inc has a 12 month low of $7.53 and a 12 month high of $12.59. The firm has a market cap of $1.14 billion, a PE ratio of 11.83, a price-to-earnings-growth ratio of 5.26 and a beta of 0.84. The company has a current ratio of 1.74, a quick ratio of 1.07 and a debt-to-equity ratio of 0.49.

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Celestica Company Profile

Celestica Inc provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. The company offers a range of services, including design and development, engineering, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, and after-market repair and return services.

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Institutional Ownership by Quarter for Celestica (NYSE:CLS)

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