Trust Investment Advisors Purchases 75 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Trust Investment Advisors grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,172 shares of the scientific and technical instruments company’s stock after buying an additional 75 shares during the period. Trust Investment Advisors’ holdings in Keysight Technologies were worth $664,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in KEYS. Ancora Advisors LLC acquired a new stake in shares of Keysight Technologies during the third quarter worth $25,000. OFI Invest Asset Management bought a new stake in Keysight Technologies in the third quarter valued at approximately $26,000. Quarry LP acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $27,000. VitalStone Financial LLC acquired a new stake in Keysight Technologies during the 1st quarter valued at $35,000. Finally, Fred Alger Management LLC acquired a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of several research reports. JPMorgan Chase & Co. cut 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 report on Thursday, February 15th. Barclays upped their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. Finally, Citigroup lifted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Hold” and a consensus price target of $160.63.

Keysight Technologies Trading Down 2.0 %

Shares of NYSE:KEYS traded down $3.04 during midday trading on Thursday, reaching $146.89. The company’s stock had a trading volume of 1,052,942 shares, compared to its average volume of 1,237,815. The firm has a 50 day moving average price of $154.33 and a two-hundred day moving average price of $145.99. 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 capitalization of $25.64 billion, a price-to-earnings ratio of 27.51, a PEG ratio of 6.87 and a beta of 1.05. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93.

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

Insider Transactions at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies 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 sale, the senior vice president now owns 29,156 shares of the company’s stock, valued at approximately $4,457,369.28. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by insiders.

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.