Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 8.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,070 shares of the scientific and technical instruments company’s stock after selling 360 shares during the quarter. Private Advisor Group LLC’s holdings in Keysight Technologies were worth $647,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KEYS. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth about $27,000. Family Firm Inc. acquired a new stake in Keysight Technologies during the 2nd quarter valued at approximately $30,000. Larson Financial Group LLC acquired a new position in shares of Keysight Technologies in the 1st quarter valued at approximately $31,000. American National Bank & Trust purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $31,000. Finally, GPS Wealth Strategies Group LLC grew its position in shares of Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of several recent analyst reports. Vertical Research began coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Bank of America lifted their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 21st. Finally, Susquehanna dropped their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

Keysight Technologies Price Performance

Shares of KEYS opened at $151.55 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The company has a market cap of $26.30 billion, a P/E ratio of 29.14, a PEG ratio of 4.98 and a beta of 0.98. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $162.51. The stock has a fifty day moving average price of $153.63 and a 200 day moving average price of $145.12.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.04 EPS. On average, research analysts forecast that Keysight Technologies, Inc. will post 5.43 earnings per share for the current year.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

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.