Mount Yale Investment Advisors LLC Has $442,000 Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Mount Yale Investment Advisors LLC lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 53.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,782 shares of the scientific and technical instruments company’s stock after selling 3,141 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Keysight Technologies were worth $442,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in KEYS. American National Bank & Trust bought a new stake in Keysight Technologies in the 3rd quarter valued at $31,000. Meeder Asset Management Inc. acquired a new stake in Keysight Technologies in the second quarter valued at about $27,000. Larson Financial Group LLC bought a new position in Keysight Technologies in the 1st quarter valued at approximately $31,000. Family Firm Inc. acquired a new stake in shares of Keysight Technologies during the 2nd quarter valued at $30,000. Finally, GPS Wealth Strategies Group LLC increased its stake in shares of Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 184 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

KEYS stock opened at $155.98 on Monday. The firm has a 50 day moving average of $153.25 and a 200-day moving average of $145.14. The firm has a market capitalization of $27.07 billion, a P/E ratio of 30.00, a price-to-earnings-growth ratio of 5.19 and a beta of 0.97. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $162.51. 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 released its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the firm posted $2.04 earnings per share. The business’s quarterly revenue was down 11.9% on a year-over-year basis. As a group, sell-side analysts predict that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Vertical Research started coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Bank of America upped their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $167.67.

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.