Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,976 shares of the scientific and technical instruments company’s stock after selling 796 shares during the quarter. Yousif Capital Management LLC’s holdings in Keysight Technologies were worth $3,814,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of KEYS. Jennison Associates LLC purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at $395,789,000. Van ECK Associates Corp lifted its position in Keysight Technologies by 1,588.0% during the third quarter. Van ECK Associates Corp now owns 1,159,449 shares of the scientific and technical instruments company’s stock valued at $153,406,000 after buying an additional 1,090,763 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of Keysight Technologies by 14,134.3% during the 3rd quarter. EP Wealth Advisors LLC now owns 314,720 shares of the scientific and technical instruments company’s stock valued at $41,641,000 after acquiring an additional 312,509 shares in the last quarter. Findlay Park Partners LLP boosted its position in shares of Keysight Technologies by 35.8% in the third quarter. Findlay Park Partners LLP now owns 1,127,071 shares of the scientific and technical instruments company’s stock worth $149,123,000 after buying an additional 297,147 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Keysight Technologies by 16.6% during the 3rd quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company’s stock valued at $229,203,000 after buying an additional 247,250 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KEYS. JPMorgan Chase & Co. downgraded shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Citigroup lifted their price target 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. Finally, Barclays upped 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 report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $160.63.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $148.55 on Friday. The stock has a market capitalization of $25.93 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 6.73 and a beta of 1.05. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72. The company’s 50-day simple moving average is $152.86 and its 200-day simple moving average is $146.66. 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 issued its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the business earned $1.72 EPS. The business’s quarterly revenue was down 8.8% on a year-over-year basis. Equities analysts anticipate that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies 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 completion of the transaction, 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by corporate insiders.

About Keysight Technologies

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.