Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Diversified Trust Co

Diversified Trust Co lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 29.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,349 shares of the scientific and technical instruments company’s stock after selling 3,135 shares during the period. Diversified Trust Co’s holdings in Keysight Technologies were worth $1,149,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ancora Advisors LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at $25,000. Rise Advisors LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at about $25,000. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 159 shares during the period. EdgeRock Capital LLC acquired a new position in Keysight Technologies during the 4th quarter worth approximately $46,000. Finally, GAMMA Investing LLC purchased a new position in Keysight Technologies in the 4th quarter worth approximately $48,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.3 %

Shares of Keysight Technologies stock opened at $134.93 on Tuesday. The business has a 50-day moving average price of $143.24 and a 200 day moving average price of $150.52. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $172.72. The firm has a market cap of $23.55 billion, a P/E ratio of 29.40, a P/E/G ratio of 4.72 and a beta of 0.95. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24.

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 for the quarter, beating analysts’ consensus estimates of $1.23 by $0.01. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. On average, sell-side analysts forecast that Keysight Technologies, Inc. will post 5.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Barclays boosted 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. Robert W. Baird boosted 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, Susquehanna lowered their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research note on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $166.33.

Insiders Place Their Bets

In other Keysight Technologies news, Director Kevin A. Stephens purchased 460 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Kevin A. Stephens purchased 460 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 440 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is owned by corporate insiders.

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.