Weybosset Research & Management LLC Sells 277 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Weybosset Research & Management LLC trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 105,689 shares of the scientific and technical instruments company’s stock after selling 277 shares during the quarter. Keysight Technologies makes up 5.7% of Weybosset Research & Management LLC’s holdings, making the stock its 5th largest position. Weybosset Research & Management LLC owned about 0.06% of Keysight Technologies worth $16,797,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. grew its position in shares of Keysight Technologies by 2.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 7,953 shares of the scientific and technical instruments company’s stock valued at $1,265,000 after purchasing an additional 209 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Keysight Technologies by 97.5% in the 4th quarter. Jones Financial Companies Lllp now owns 875 shares of the scientific and technical instruments company’s stock valued at $139,000 after acquiring an additional 432 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Keysight Technologies by 0.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 125,958 shares of the scientific and technical instruments company’s stock valued at $20,039,000 after acquiring an additional 1,052 shares in the last quarter. NEOS Investment Management LLC bought a new stake in Keysight Technologies during the 4th quarter worth $340,000. Finally, Rafferty Asset Management LLC increased its holdings in Keysight Technologies by 18.7% in the 4th quarter. Rafferty Asset Management LLC now owns 55,506 shares of the scientific and technical instruments company’s stock worth $8,830,000 after purchasing an additional 8,728 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is owned by company insiders.

Keysight Technologies Trading Up 0.6 %

Shares of KEYS stock opened at $155.68 on Thursday. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The company has a 50 day moving average of $143.64 and a 200-day moving average of $144.88. The firm has a market cap of $27.17 billion, a P/E ratio of 33.92, a PEG ratio of 5.11 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm posted $2.04 earnings per share. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. Sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KEYS. Susquehanna decreased their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. JPMorgan Chase & Co. upped their target price 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 raised their price target 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. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, Vertical Research started coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

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.