Mather Group LLC. Purchases 1,148 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Mather Group LLC. increased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 47.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,554 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,148 shares during the period. Mather Group LLC.’s holdings in Keysight Technologies were worth $565,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Venturi Wealth Management LLC lifted its stake in Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 159 shares during the period. Everence Capital Management Inc. lifted its stake in Keysight Technologies by 161.6% during the 4th quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock valued at $3,193,000 after acquiring an additional 12,400 shares during the period. Lazard Asset Management LLC lifted its stake in Keysight Technologies by 45.5% during the 3rd quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock valued at $37,390,000 after acquiring an additional 88,406 shares during the period. Coldstream Capital Management Inc. lifted its stake in Keysight Technologies by 5.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company’s stock valued at $368,000 after acquiring an additional 151 shares during the period. Finally, Nordea Investment Management AB lifted its stake in Keysight Technologies by 27.6% during the 3rd quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company’s stock valued at $96,209,000 after acquiring an additional 155,226 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 2.0 %

Keysight Technologies stock opened at $144.95 on Thursday. The firm has a 50 day moving average of $152.65 and a 200 day moving average of $147.12. The firm has a market capitalization of $25.30 billion, a price-to-earnings ratio of 26.60, a P/E/G ratio of 6.70 and a beta of 1.06. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.04. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The firm’s quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.72 EPS. As a group, research analysts predict that Keysight Technologies, Inc. will post 5.4 earnings per share for the current year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Citigroup upped their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Barclays increased 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, the company presently has an average rating of “Hold” and an average price target of $160.63.

Keysight Technologies Company Profile

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.