Kestra Private Wealth Services LLC Sells 367 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Kestra Private Wealth Services LLC lessened its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,515 shares of the scientific and technical instruments company’s stock after selling 367 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Keysight Technologies were worth $559,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in KEYS. Jennison Associates LLC purchased a new stake in Keysight Technologies in the 4th quarter worth about $395,789,000. Van ECK Associates Corp raised its holdings in shares of Keysight Technologies by 105.5% in the fourth quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company’s stock worth $379,134,000 after buying an additional 1,223,694 shares during the period. Northern Trust Corp lifted its stake in shares of Keysight Technologies by 5.2% during the 3rd quarter. Northern Trust Corp now owns 2,069,120 shares of the scientific and technical instruments company’s stock worth $273,765,000 after acquiring an additional 102,420 shares during the last quarter. Invesco Ltd. boosted its holdings in Keysight Technologies by 16.6% during the 3rd quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company’s stock valued at $229,203,000 after acquiring an additional 247,250 shares during the period. Finally, Morgan Stanley grew its position in Keysight Technologies by 3.7% in the 3rd quarter. Morgan Stanley now owns 1,688,735 shares of the scientific and technical instruments company’s stock valued at $223,437,000 after acquiring an additional 60,158 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Up 1.5 %

NYSE:KEYS opened at $149.18 on Monday. The firm has a 50-day simple moving average of $152.59 and a 200-day simple moving average of $147.51. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72. The firm has a market cap of $26.04 billion, a P/E ratio of 27.37, a P/E/G ratio of 6.76 and a beta of 1.06. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93.

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

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the business’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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on KEYS. Barclays boosted their target price on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, 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 research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $160.63.

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.