Perigon Wealth Management LLC Sells 170 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Perigon Wealth Management LLC lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,621 shares of the scientific and technical instruments company’s stock after selling 170 shares during the period. Perigon Wealth Management LLC’s holdings in Keysight Technologies were worth $258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Lawson Kroeker Investment Management Inc. NE increased its position in shares of Keysight Technologies by 1.3% during the fourth quarter. Lawson Kroeker Investment Management Inc. NE now owns 22,530 shares of the scientific and technical instruments company’s stock valued at $3,584,000 after acquiring an additional 294 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in Keysight Technologies in the 4th quarter worth approximately $366,000. Janiczek Wealth Management LLC grew its position in Keysight Technologies by 56.8% in the 4th quarter. Janiczek Wealth Management LLC now owns 436 shares of the scientific and technical instruments company’s stock worth $69,000 after purchasing an additional 158 shares during the period. Cerity Partners LLC grew its position in Keysight Technologies by 167.9% in the 4th quarter. Cerity Partners LLC now owns 4,855 shares of the scientific and technical instruments company’s stock worth $772,000 after purchasing an additional 3,043 shares during the period. Finally, Sequoia Financial Advisors LLC grew its position in Keysight Technologies by 1,613.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 31,928 shares of the scientific and technical instruments company’s stock worth $5,079,000 after purchasing an additional 30,065 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 1.1 %

Shares of Keysight Technologies stock opened at $149.93 on Thursday. The company’s fifty day simple moving average is $154.33 and its 200-day simple moving average is $145.99. The stock has a market capitalization of $26.17 billion, a PE ratio of 27.51, a P/E/G ratio of 6.95 and a beta of 1.05. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. The business had revenue of $1.26 billion for 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%. The company’s revenue was down 8.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.72 EPS. As a group, equities analysts anticipate that Keysight Technologies, Inc. will post 5.4 earnings per share for the current year.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction 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 transaction, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on KEYS shares. Barclays lifted their target price on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 21st. Citigroup lifted their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. downgraded shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $184.00 to $170.00 in a research report on Thursday, February 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus 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.