Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Mather Group LLC.

Mather Group LLC. raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 47.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,554 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,148 shares during the quarter. Mather Group LLC.’s holdings in Keysight Technologies were worth $565,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new position in Keysight Technologies in the third quarter valued at approximately $25,000. OFI Invest Asset Management acquired a new position in Keysight Technologies in the third quarter valued at approximately $26,000. Venturi Wealth Management LLC lifted its holdings in 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 acquiring an additional 159 shares during the period. GAMMA Investing LLC acquired a new position in Keysight Technologies in the fourth quarter valued at approximately $48,000. Finally, BluePath Capital Management LLC acquired a new position in Keysight Technologies in the third quarter valued at approximately $44,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the transaction, the senior vice president now owns 29,156 shares of the company’s stock, valued at approximately $4,457,369.28. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KEYS shares. Citigroup upped their target price on Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Barclays upped their target price on Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. downgraded Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $160.63.

Keysight Technologies Stock Down 2.0 %

Shares of NYSE:KEYS opened at $144.95 on Thursday. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. The business has a fifty day moving average of $152.65 and a two-hundred day moving average of $147.12. The stock has a market cap of $25.30 billion, a P/E ratio of 26.60, a PEG ratio of 6.70 and a beta of 1.06. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72.

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