Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 50.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,716 shares of the scientific and technical instruments company’s stock after selling 1,764 shares during the quarter. Flputnam Investment Management Co.’s holdings in Keysight Technologies were worth $273,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new stake in shares of Keysight Technologies during the third quarter worth $25,000. OFI Invest Asset Management acquired a new stake in Keysight Technologies during the 3rd quarter worth about $26,000. Quarry LP purchased a new stake in Keysight Technologies during the 2nd quarter valued at about $27,000. VitalStone Financial LLC acquired a new position in shares of Keysight Technologies in the first quarter valued at about $35,000. Finally, Fred Alger Management LLC purchased a new position in shares of Keysight Technologies in the fourth quarter worth about $41,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $146.89 on Friday. 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, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72. The business’s 50 day moving average is $154.05 and its two-hundred day moving average is $146.00. The company has a market capitalization of $25.64 billion, a P/E ratio of 26.95, a P/E/G ratio of 6.79 and a beta of 1.05.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. The firm 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 firm’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.72 EPS. Analysts expect that Keysight Technologies, Inc. will post 5.4 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Barclays increased their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 21st. Citigroup raised their target price on shares of 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 Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. One research 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, the company currently has an average rating of “Hold” and an average target price of $160.63.

Insider Buying and Selling

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.60% of the company’s stock.

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.