Greenleaf Trust Purchases 686 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Greenleaf Trust boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 20.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,048 shares of the scientific and technical instruments company’s stock after acquiring an additional 686 shares during the quarter. Greenleaf Trust’s holdings in Keysight Technologies were worth $644,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Ancora Advisors LLC purchased a new stake in Keysight Technologies during the third quarter valued at about $25,000. OFI Invest Asset Management purchased a new stake in Keysight Technologies during the third quarter valued at about $26,000. Venturi Wealth Management LLC boosted its position in Keysight Technologies by 145.9% during the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 159 shares during the period. BluePath Capital Management LLC purchased a new stake in Keysight Technologies during the third quarter valued at about $44,000. Finally, Itau Unibanco Holding S.A. boosted its position in 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 buying an additional 82 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $144.69 on Tuesday. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average of $153.43 and a 200-day moving average of $146.42. The firm has a market cap of $25.26 billion, a P/E ratio of 26.55, a P/E/G ratio of 6.57 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.

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

Insiders Place Their Bets

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value 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 $4,457,369.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and cut their price target for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Citigroup increased 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, Barclays increased their target price 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus 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.