Atria Investments Inc Has $1.15 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Atria Investments Inc cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,206 shares of the scientific and technical instruments company’s stock after selling 420 shares during the period. Atria Investments Inc’s holdings in Keysight Technologies were worth $1,145,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Rovin Capital UT ADV increased its holdings in shares of Keysight Technologies by 7.0% during the third quarter. Rovin Capital UT ADV now owns 2,333 shares of the scientific and technical instruments company’s stock worth $371,000 after buying an additional 152 shares in the last quarter. Executive Wealth Management LLC bought a new stake in shares of Keysight Technologies in the third quarter worth $205,000. Principal Financial Group Inc. grew its stake in shares of Keysight Technologies by 2.7% in the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company’s stock worth $38,099,000 after purchasing an additional 6,241 shares during the last quarter. Malaga Cove Capital LLC bought a new stake in shares of Keysight Technologies in the third quarter worth $292,000. Finally, Concurrent Investment Advisors LLC grew its stake in shares of Keysight Technologies by 5.0% in the third quarter. Concurrent Investment Advisors LLC now owns 8,136 shares of the scientific and technical instruments company’s stock worth $1,293,000 after purchasing an additional 386 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

KEYS stock opened at $149.37 on Friday. The stock has a market capitalization of $25.92 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 4.65 and a beta of 0.98. The company’s 50-day moving average is $155.17 and its 200-day moving average is $145.91. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $166.28.

Keysight Technologies (NYSE:KEYS) last released 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 analysts’ consensus estimates 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.04 EPS. Equities research analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now owns 42,160 shares in the company, valued at $6,576,960. This represents a 3.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on KEYS shares. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday. Barclays raised shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $158.00 to $180.00 in a research note on Monday, November 4th. Vertical Research assumed coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price objective on the stock. JPMorgan Chase & Co. upped 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, Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $170.89.

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.