Cwm LLC Sells 1,204 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Cwm LLC trimmed its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 20.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,747 shares of the scientific and technical instruments company’s stock after selling 1,204 shares during the quarter. Cwm LLC’s holdings in Keysight Technologies were worth $755,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of KEYS. Ancora Advisors LLC bought a new position in Keysight Technologies in the 3rd quarter worth about $25,000. OFI Invest Asset Management purchased a new position in Keysight Technologies in the third quarter worth about $26,000. Venturi Wealth Management LLC lifted its stake in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 159 shares in the last quarter. BluePath Capital Management LLC purchased a new stake in shares of Keysight Technologies during the third quarter valued at approximately $44,000. Finally, Itau Unibanco Holding S.A. increased its position in shares of Keysight Technologies by 31.5% during the third quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock valued at $45,000 after acquiring an additional 82 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Barclays increased their target price on Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. Citigroup lifted their price objective on Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. One investment 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. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Hold” and an average price target of $160.63.

Insider Buying and Selling

In other 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 value 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 approximately $4,457,369.28. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $150.17 on Tuesday. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $26.21 billion, a price-to-earnings ratio of 27.55, a price-to-earnings-growth ratio of 6.73 and a beta of 1.05. The firm has a 50 day moving average of $152.76 and a 200 day moving average of $147.00. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates 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 period last year, the business earned $1.72 EPS. On average, sell-side analysts predict that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Keysight Technologies 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.