Keysight Technologies, Inc. (NYSE:KEYS) Stake Trimmed by Mather Group LLC.

Mather Group LLC. reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 3,378 shares of the scientific and technical instruments company’s stock after selling 176 shares during the period. Mather Group LLC.’s holdings in Keysight Technologies were worth $537,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Ancora Advisors LLC acquired a new stake in shares of Keysight Technologies during the 3rd quarter valued at $25,000. Venturi Wealth Management LLC raised its holdings in shares of 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 worth $43,000 after acquiring an additional 159 shares in the last quarter. 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 purchasing an additional 82 shares during the last quarter. EdgeRock Capital LLC purchased a new position in Keysight Technologies in the fourth quarter valued at about $46,000. Finally, GAMMA Investing LLC acquired a new position in Keysight Technologies in the 4th quarter worth about $48,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction that occurred on Tuesday, March 26th. The stock was 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 of the company’s stock, valued at $4,457,369.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, VP Lisa M. Poole sold 440 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the sale, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, 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 transaction, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The disclosure for this sale can be found here. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Susquehanna reduced their target price on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research note on Tuesday, May 21st. Robert W. Baird upped their price objective on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a report on Tuesday, May 21st. Finally, Barclays increased their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $166.33.

Keysight Technologies Stock Performance

Shares of KEYS opened at $135.48 on Friday. The company has a market capitalization of $23.65 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 4.70 and a beta of 1.00. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72. The company’s fifty day moving average price is $145.09 and its 200 day moving average price is $150.91.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.01. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. As a group, analysts expect that Keysight Technologies, Inc. will post 5.25 earnings per share for the current year.

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.