Celestica Inc. (CLS) At $11.23 Forms Bottom; Weitz Investment Management Has Lowered Its Twenty First Centy Fox (FOXA) Position

Celestica Inc. (NYSE:CLS) Logo

Weitz Investment Management Inc decreased Twenty First Centy Fox Inc (FOXA) stake by 13.15% reported in 2017Q4 SEC filing. Weitz Investment Management Inc sold 249,800 shares as Twenty First Centy Fox Inc (FOXA)’s stock rose 3.52%. The Weitz Investment Management Inc holds 1.65M shares with $56.99M value, down from 1.90M last quarter. Twenty First Centy Fox Inc now has $67.07 billion valuation. The stock increased 0.47% or $0.17 during the last trading session, reaching $36.42. About 10.23M shares traded or 15.48% up from the average. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has risen 14.36% since April 29, 2017 and is uptrending. It has outperformed by 2.81% the S&P500.

Celestica Inc. (CLS) formed multiple bottom with $10.56 target or 6.00% below today’s $11.23 share price. Celestica Inc. (CLS) has $1.61B valuation. The stock increased 4.27% or $0.46 during the last trading session, reaching $11.23. About 1.22M shares traded or 83.78% up from the average. Celestica Inc. (NYSE:CLS) has declined 26.94% since April 29, 2017 and is downtrending. It has underperformed by 38.49% the S&P500.

Among 12 analysts covering Celestica (NYSE:CLS), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Celestica has $15.5000 highest and $0.75 lowest target. $12.80’s average target is 13.98% above currents $11.23 stock price. Celestica had 36 analyst reports since October 21, 2015 according to SRatingsIntel. The rating was downgraded by Macquarie Research to “Hold” on Thursday, June 22. The stock of Celestica Inc. (NYSE:CLS) earned “Hold” rating by RBC Capital Markets on Wednesday, January 24. On Friday, January 15 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was maintained by RBC Capital Markets with “Hold” on Monday, May 29. The stock of Celestica Inc. (NYSE:CLS) earned “Neutral” rating by Macquarie Research on Friday, July 29. The rating was upgraded by Howard Weil to “Sector Outperform” on Friday, January 29. The rating was maintained by TD Securities with “Hold” on Thursday, October 19. The company was maintained on Friday, January 27 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of CLS in report on Wednesday, January 24 with “Hold” rating. The firm has “Hold” rating given on Wednesday, January 24 by BMO Capital Markets.

Analysts await Twenty-First Century Fox, Inc. (NASDAQ:FOXA) to report earnings on May, 9 after the close. They expect $0.57 earnings per share, up 5.56% or $0.03 from last year’s $0.54 per share. FOXA’s profit will be $1.05 billion for 15.97 P/E if the $0.57 EPS becomes a reality. After $0.42 actual earnings per share reported by Twenty-First Century Fox, Inc. for the previous quarter, Wall Street now forecasts 35.71% EPS growth.

Among 34 analysts covering Twenty-First Century Fox Inc (NASDAQ:FOXA), 22 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. Twenty-First Century Fox Inc had 101 analyst reports since August 6, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $44.0 target in Friday, January 26 report. The rating was maintained by Cowen & Co on Tuesday, August 8 with “Hold”. The stock has “Hold” rating by FBR Capital on Friday, November 17. The rating was maintained by Wells Fargo with “Buy” on Thursday, December 7. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Buy” rating given on Wednesday, November 22 by BMO Capital Markets. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Buy” rating given on Tuesday, October 20 by Pivotal Research. The company was maintained on Thursday, December 21 by Jefferies. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Hold” rating given on Friday, September 8 by Needham. On Friday, August 5 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Buy” rating given on Friday, December 15 by Piper Jaffray.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Institutional Positions Chart