Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Cerity Partners LLC

Cerity Partners LLC boosted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 167.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,855 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,043 shares during the period. Cerity Partners LLC’s holdings in Keysight Technologies were worth $772,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Ancora Advisors LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at approximately $25,000. OFI Invest Asset Management acquired a new position in shares of Keysight Technologies in the third quarter worth $26,000. Venturi Wealth Management LLC grew its stake in shares of Keysight Technologies by 145.9% in 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. BluePath Capital Management LLC acquired a new position in shares of Keysight Technologies in the third quarter worth $44,000. Finally, Itau Unibanco Holding S.A. grew its stake in shares of Keysight Technologies by 31.5% in the third quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on 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 owns 29,156 shares in the company, valued at $4,457,369.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays boosted their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. downgraded shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Citigroup increased their target price on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Hold” and an average price target of $160.63.

Keysight Technologies Stock Performance

NYSE KEYS opened at $144.69 on Tuesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $172.72. The company has a market capitalization of $25.26 billion, a PE ratio of 26.55, a P/E/G ratio of 6.57 and a beta of 1.05. The company has a fifty day moving average of $153.43 and a two-hundred day moving average of $146.42.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the firm posted $1.72 earnings per share. Keysight Technologies’s revenue for the quarter was down 8.8% on a year-over-year basis. As a group, analysts expect that Keysight Technologies, Inc. will post 5.4 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.