Mutual of America Capital Management LLC Trims Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Mutual of America Capital Management LLC lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 22,014 shares of the scientific and technical instruments company’s stock after selling 888 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Keysight Technologies were worth $3,010,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in KEYS. Virtu Financial LLC bought a new stake in Keysight Technologies in the second quarter valued at $1,416,000. Edgestream Partners L.P. boosted its stake in shares of Keysight Technologies by 974.3% during the 2nd quarter. Edgestream Partners L.P. now owns 30,262 shares of the scientific and technical instruments company’s stock valued at $4,138,000 after purchasing an additional 27,445 shares in the last quarter. Lmcg Investments LLC increased its position in shares of Keysight Technologies by 14.3% during the second quarter. Lmcg Investments LLC now owns 42,975 shares of the scientific and technical instruments company’s stock valued at $5,877,000 after buying an additional 5,389 shares during the period. Dimensional Fund Advisors LP raised its stake in Keysight Technologies by 14.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after buying an additional 141,062 shares in the last quarter. Finally, Lyell Wealth Management LP lifted its holdings in Keysight Technologies by 4.7% in the second quarter. Lyell Wealth Management LP now owns 4,029 shares of the scientific and technical instruments company’s stock worth $551,000 after buying an additional 180 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were 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 in the company, valued at approximately $6,576,960. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.60% of the stock is owned by insiders.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $151.55 on Tuesday. The firm has a market cap of $26.45 billion, a P/E ratio of 33.02, a PEG ratio of 5.03 and a beta of 0.97. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve 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 $141.95 and a 200 day moving average of $144.69.

Keysight Technologies (NYSE:KEYS) last announced 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 analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the company posted $2.04 earnings per share. The company’s quarterly revenue was down 11.9% on a year-over-year basis. As a group, research analysts expect that Keysight Technologies, Inc. will post 5.35 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KEYS. Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Vertical Research assumed coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. Susquehanna reduced their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Finally, Robert W. Baird cut their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently 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.