Gamco Investors INC. ET AL Sells 650 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Gamco Investors INC. ET AL cut its holdings in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 4.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,019 shares of the scientific and technical instruments company’s stock after selling 650 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Keysight Technologies were worth $1,723,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Spire Wealth Management increased its stake in shares of Keysight Technologies by 51,115.3% in the third quarter. Spire Wealth Management now owns 30,217 shares of the scientific and technical instruments company’s stock valued at $3,998,000 after buying an additional 30,158 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its position in Keysight Technologies by 16.8% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 1,982 shares of the scientific and technical instruments company’s stock worth $262,000 after purchasing an additional 285 shares during the period. Banque Cantonale Vaudoise increased its position in Keysight Technologies by 62.9% in the third quarter. Banque Cantonale Vaudoise now owns 10,350 shares of the scientific and technical instruments company’s stock worth $1,370,000 after purchasing an additional 3,995 shares during the period. J.P. Morgan Private Wealth Advisors LLC acquired a new stake in Keysight Technologies in the third quarter worth about $1,520,000. Finally, New York Life Investment Management LLC increased its position in Keysight Technologies by 1.7% in the third quarter. New York Life Investment Management LLC now owns 28,734 shares of the scientific and technical instruments company’s stock worth $3,802,000 after purchasing an additional 488 shares during the period. 81.72% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Trading Up 0.2 %

NYSE KEYS opened at $161.52 on Friday. The stock has a market capitalization of $28.21 billion, a price-to-earnings ratio of 27.28, a PEG ratio of 4.49 and a beta of 1.08. The stock’s 50 day moving average price is $153.85 and its two-hundred day moving average price is $141.86. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.87 and a current ratio of 2.35. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $189.32.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its earnings results on Monday, November 20th. The scientific and technical instruments company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.87 by $0.12. Keysight Technologies had a return on equity of 28.98% and a net margin of 19.34%. The firm had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the business posted $2.02 EPS. The business’s quarterly revenue was down 9.2% compared to the same quarter last year. As a group, analysts anticipate that Keysight Technologies, Inc. will post 6.36 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In other news, Director James Cullen sold 4,869 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $146.47, for a total transaction of $713,162.43. Following the sale, the director now owns 20,730 shares in the company, valued at approximately $3,036,323.10. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, SVP Soon Chai Gooi sold 14,900 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $148.03, for a total transaction of $2,205,647.00. Following the transaction, the senior vice president now directly owns 239,488 shares of the company’s stock, valued at approximately $35,451,408.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James Cullen sold 4,869 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $146.47, for a total value of $713,162.43. Following the transaction, the director now directly owns 20,730 shares in the company, valued at $3,036,323.10. The disclosure for this sale can be found here. Insiders have sold a total of 76,402 shares of company stock worth $11,764,950 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on KEYS shares. Barclays lowered their price objective on Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 21st. Robert W. Baird lifted their price objective on Keysight Technologies from $155.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 21st. StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. Citigroup decreased their target price on Keysight Technologies from $174.00 to $165.00 and set a “buy” rating for the company in a research report on Monday, November 13th. Finally, TheStreet upgraded Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.18.

View Our Latest Stock Report on Keysight Technologies

About Keysight Technologies

(Free Report)

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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