Celestica Inc. (NYSE:CLS) Shares Acquired by Toronto Dominion Bank

Toronto Dominion Bank lifted its stake in shares of Celestica Inc. (NYSE:CLS - Free Report) TSE: CLS by 702.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 95,173 shares of the technology company's stock after acquiring an additional 83,308 shares during the period. Toronto Dominion Bank owned 0.08% of Celestica worth $8,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of CLS. FMR LLC raised its holdings in shares of Celestica by 91.2% during the 4th quarter. FMR LLC now owns 11,688,700 shares of the technology company's stock worth $1,078,804,000 after acquiring an additional 5,574,342 shares during the period. FIL Ltd raised its holdings in shares of Celestica by 5,976.1% during the 4th quarter. FIL Ltd now owns 3,463,729 shares of the technology company's stock worth $319,662,000 after acquiring an additional 3,406,723 shares during the period. Norges Bank purchased a new position in shares of Celestica during the 4th quarter worth $139,008,000. Polar Capital Holdings Plc raised its holdings in shares of Celestica by 822.6% during the 4th quarter. Polar Capital Holdings Plc now owns 1,607,969 shares of the technology company's stock worth $148,416,000 after acquiring an additional 1,433,681 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Celestica by 64.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,572,988 shares of the technology company's stock worth $329,460,000 after acquiring an additional 1,401,877 shares during the period. Hedge funds and other institutional investors own 67.38% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Celestica from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Monday, April 28th. Barclays reduced their price objective on shares of Celestica from $157.00 to $126.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Cibc World Mkts upgraded shares of Celestica from a "hold" rating to a "strong-buy" rating in a report on Friday, January 31st. CIBC reduced their price objective on shares of Celestica from $150.00 to $120.00 and set an "outperformer" rating on the stock in a report on Tuesday, April 15th. Finally, TD Securities boosted their price objective on shares of Celestica from $70.00 to $107.00 and gave the company a "buy" rating in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $114.82.

Celestica Trading Up 1.1%

NYSE CLS traded up $1.29 during trading on Friday, hitting $119.61. The stock had a trading volume of 2,907,554 shares, compared to its average volume of 3,235,595. Celestica Inc. has a twelve month low of $40.25 and a twelve month high of $144.27. The company has a market capitalization of $13.83 billion, a PE ratio of 31.98 and a beta of 1.65. 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 firm has a 50 day moving average price of $90.49 and a 200 day moving average price of $97.26.

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

About Celestica

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.