Mount Yale Investment Advisors LLC Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

Mount Yale Investment Advisors LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,923 shares of the scientific and technical instruments company’s stock after purchasing an additional 204 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Keysight Technologies were worth $810,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in KEYS. Rise Advisors LLC acquired a new position in shares of Keysight Technologies in the first quarter worth about $25,000. Meeder Asset Management Inc. acquired a new position in Keysight Technologies in the second quarter valued at approximately $27,000. Family Firm Inc. bought a new position in shares of Keysight Technologies during the second quarter valued at approximately $30,000. Larson Financial Group LLC acquired a new stake in shares of Keysight Technologies during the 1st quarter worth approximately $31,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Down 0.6 %

Shares of KEYS stock opened at $151.55 on Tuesday. The stock has a 50-day simple moving average of $141.95 and a 200 day simple moving average of $144.69. The stock has a market capitalization of $26.45 billion, a P/E ratio of 33.02, a P/E/G ratio of 5.03 and a beta of 0.97. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week 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.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The business’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.04 EPS. On average, sell-side analysts expect that Keysight Technologies, Inc. will post 5.35 earnings per share for the current fiscal year.

Analyst Ratings Changes

KEYS has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America boosted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, August 26th. Finally, Robert W. Baird decreased their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, August 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Insider Buying and Selling

In other news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

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.