Crossmark Global Holdings Inc. Sells 185 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Crossmark Global Holdings Inc. trimmed its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,923 shares of the scientific and technical instruments company’s stock after selling 185 shares during the period. Crossmark Global Holdings Inc.’s holdings in Keysight Technologies were worth $1,736,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in KEYS. American National Bank & Trust acquired a new position in Keysight Technologies in the 3rd quarter valued at about $31,000. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies during the second quarter worth approximately $27,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies in the second quarter valued at approximately $30,000. GPS Wealth Strategies Group LLC increased its stake in shares of Keysight Technologies by 262.9% during the second 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 period. Finally, Versant Capital Management Inc lifted its holdings in Keysight Technologies by 842.4% during the 2nd quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 278 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on KEYS shares. Wells Fargo & Company reissued an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Vertical Research began coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective for the company. Robert W. Baird lowered their target price 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. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Finally, JPMorgan Chase & Co. raised 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. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.89.

Insider Activity at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the company’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 transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Trading Down 2.5 %

Shares of KEYS opened at $157.26 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $166.28. The firm has a market cap of $27.29 billion, a price-to-earnings ratio of 30.24, a PEG ratio of 4.77 and a beta of 0.98. The business’s fifty day moving average is $154.91 and its 200-day moving average is $145.87.

Keysight Technologies (NYSE:KEYS) last released its 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. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.04 earnings per share. Equities analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Keysight Technologies Company 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.