CENTRAL TRUST Co Decreases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

CENTRAL TRUST Co lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 16.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,779 shares of the scientific and technical instruments company’s stock after selling 547 shares during the quarter. CENTRAL TRUST Co’s holdings in Keysight Technologies were worth $442,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in KEYS. Riverwater Partners LLC purchased a new position in Keysight Technologies in the 3rd quarter valued at approximately $268,000. Brighton Jones LLC grew its holdings in Keysight Technologies by 23.2% in the third quarter. Brighton Jones LLC now owns 3,134 shares of the scientific and technical instruments company’s stock valued at $498,000 after purchasing an additional 590 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Keysight Technologies by 16,555.2% in the third quarter. International Assets Investment Management LLC now owns 69,452 shares of the scientific and technical instruments company’s stock valued at $11,038,000 after buying an additional 69,035 shares in the last quarter. Greenleaf Trust raised its stake in shares of Keysight Technologies by 21.2% during the 3rd quarter. Greenleaf Trust now owns 5,093 shares of the scientific and technical instruments company’s stock worth $809,000 after buying an additional 892 shares during the last quarter. Finally, Community Trust & Investment Co. boosted its position in shares of Keysight Technologies by 0.5% in the 3rd quarter. Community Trust & Investment Co. now owns 112,860 shares of the scientific and technical instruments company’s stock worth $17,937,000 after buying an additional 531 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Bank of America lifted their price objective on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 21st. Robert W. Baird lowered their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Finally, Susquehanna cut their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $155.98 on Friday. The stock has a fifty day moving average price of $153.25 and a 200 day moving average price of $145.22. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $162.51. The firm has a market capitalization of $27.07 billion, a P/E ratio of 30.00, a PEG ratio of 5.19 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company posted $2.04 EPS. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. Equities research analysts anticipate that Keysight Technologies, Inc. will post 5.43 earnings per share for the current year.

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.