Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Overbrook Management Corp

Overbrook Management Corp lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,557 shares of the scientific and technical instruments company’s stock after selling 3,160 shares during the quarter. Keysight Technologies makes up approximately 2.9% of Overbrook Management Corp’s holdings, making the stock its 16th largest position. Overbrook Management Corp owned approximately 0.05% of Keysight Technologies worth $14,407,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Trust Investment Advisors raised its stake in Keysight Technologies by 1.8% during the 4th quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock valued at $664,000 after acquiring an additional 75 shares in the last quarter. Itau Unibanco Holding S.A. raised its stake in Keysight Technologies by 31.5% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock valued at $45,000 after acquiring an additional 82 shares in the last quarter. Guinness Asset Management LTD raised its stake in shares of Keysight Technologies by 2.8% in the 3rd quarter. Guinness Asset Management LTD now owns 3,192 shares of the scientific and technical instruments company’s stock worth $422,000 after buying an additional 88 shares in the last quarter. Princeton Capital Management LLC raised its stake in shares of Keysight Technologies by 1.6% in the 3rd quarter. Princeton Capital Management LLC now owns 6,488 shares of the scientific and technical instruments company’s stock worth $858,000 after buying an additional 104 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC raised its stake in shares of Keysight Technologies by 7.1% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 1,603 shares of the scientific and technical instruments company’s stock worth $212,000 after buying an additional 106 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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 stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Up 0.6 %

NYSE KEYS traded up $0.83 on Thursday, reaching $147.43. The stock had a trading volume of 688,431 shares, compared to its average volume of 1,231,435. The business has a 50 day moving average price of $153.14 and a 200 day moving average price of $146.53. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $172.72. The company has a market capitalization of $25.74 billion, a price-to-earnings ratio of 27.05, a P/E/G ratio of 6.65 and a beta of 1.05.

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

Analysts Set New Price Targets

KEYS has been the topic of a number of research reports. Citigroup boosted their price objective 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 boosted their price objective 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. lowered Keysight Technologies from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $184.00 to $170.00 in a research report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $160.63.

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.