Lindbrook Capital LLC Buys 338 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Lindbrook Capital LLC boosted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 40.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,183 shares of the scientific and technical instruments company’s stock after acquiring an additional 338 shares during the quarter. Lindbrook Capital LLC’s holdings in Keysight Technologies were worth $188,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in KEYS. Ancora Advisors LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at $25,000. OFI Invest Asset Management acquired a new position in Keysight Technologies in the 3rd quarter worth about $26,000. Venturi Wealth Management LLC raised its position in 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 valued at $43,000 after purchasing an additional 159 shares during the last quarter. BluePath Capital Management LLC acquired a new stake in shares of Keysight Technologies during the third quarter valued at about $44,000. Finally, Itau Unibanco Holding S.A. grew its holdings 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 worth $45,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. 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. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. Finally, Barclays increased their price objective on Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a report on Wednesday, February 21st. One equities 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $160.63.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $144.69 on Tuesday. The business has a 50-day moving average price of $153.43 and a two-hundred day moving average price of $146.42. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72. 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 company has a market cap of $25.26 billion, a P/E ratio of 26.55, a PEG ratio of 6.57 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last released its earnings results 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 return on equity of 26.84% and a net margin of 18.14%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same quarter last year, the firm posted $1.72 earnings per share. The firm’s revenue was down 8.8% on a year-over-year basis. As a group, analysts anticipate that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Insider Activity

In related news, SVP Kailash Narayanan sold 4,300 shares of the 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 directly owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is currently owned by company insiders.

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.