Bryn Mawr Capital Management LLC Sells 750 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Bryn Mawr Capital Management LLC cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,429 shares of the scientific and technical instruments company’s stock after selling 750 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Keysight Technologies were worth $2,932,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ancora Advisors LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $25,000. OFI Invest Asset Management purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $26,000. Venturi Wealth Management LLC raised its holdings 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 valued at $43,000 after purchasing an additional 159 shares during the last quarter. BluePath Capital Management LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $44,000. Finally, Itau Unibanco Holding S.A. raised its holdings 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 valued at $45,000 after purchasing an additional 82 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Transactions at Keysight Technologies

In other news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the sale, the senior vice president now directly 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 Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the subject of a number of research analyst reports. JPMorgan Chase & Co. downgraded shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price objective for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. Barclays boosted their price objective 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 target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $160.63.

Keysight Technologies Trading Up 0.8 %

NYSE:KEYS traded up $1.13 during midday trading on Friday, reaching $148.56. 893,686 shares of the stock traded hands, compared to its average volume of 1,227,265. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. The company has a fifty day moving average of $153.00 and a 200 day moving average of $146.53. The stock has a market capitalization of $25.93 billion, a P/E ratio of 27.19, a PEG ratio of 6.64 and a beta of 1.05. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72.

Keysight Technologies (NYSE:KEYS) last issued 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 analysts’ consensus estimates of $1.59 by $0.04. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company’s quarterly revenue was down 8.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.72 EPS. On average, research analysts predict that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

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.