Mutual Advisors LLC Sells 736 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Mutual Advisors LLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 22.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,548 shares of the scientific and technical instruments company’s stock after selling 736 shares during the quarter. Mutual Advisors LLC’s holdings in Keysight Technologies were worth $405,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Ancora Advisors LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $25,000. OFI Invest Asset Management acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $26,000. Quarry LP acquired a new stake in Keysight Technologies in the 2nd quarter valued at about $27,000. VitalStone Financial LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at about $35,000. Finally, Vestor Capital LLC acquired a new stake in Keysight Technologies in the 2nd quarter valued at about $40,000. Institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. TheStreet raised shares of Keysight Technologies from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. Citigroup lifted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Finally, Barclays lifted their price objective on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Hold” and a consensus target price of $160.63.

Keysight Technologies Trading Up 0.3 %

Shares of Keysight Technologies stock opened at $156.29 on Friday. The firm has a 50-day moving average of $154.33 and a 200-day moving average of $143.59. The stock has a market cap of $27.28 billion, a PE ratio of 28.68, a PEG ratio of 6.98 and a beta of 1.05. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. Keysight Technologies’s quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.72 earnings per share. As a group, sell-side analysts forecast that Keysight Technologies, Inc. will post 5.39 EPS for the current year.

Insider Activity

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the transaction, the senior vice president now owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is currently owned by company insiders.

About Keysight Technologies

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.