Bailard Inc. Sells 121 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Bailard Inc. reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,653 shares of the scientific and technical instruments company’s stock after selling 121 shares during the quarter. Bailard Inc.’s holdings in Keysight Technologies were worth $581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC bought a new position in shares of Keysight Technologies in the third quarter valued at about $25,000. OFI Invest Asset Management bought a new position in shares of Keysight Technologies in the third quarter valued at about $26,000. Venturi Wealth Management LLC raised its position in shares of 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 purchasing an additional 159 shares during the period. BluePath Capital Management LLC bought a new position in shares of Keysight Technologies in the third quarter valued at about $44,000. Finally, Itau Unibanco Holding S.A. raised its position in shares of Keysight Technologies by 31.5% in the third quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock valued at $45,000 after purchasing an additional 82 shares during the period. 84.58% of the stock is owned by institutional investors.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the sale, the senior vice president now directly owns 29,156 shares of the company’s stock, valued at approximately $4,457,369.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Trading Up 0.8 %

Shares of Keysight Technologies stock opened at $148.55 on Friday. The company 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. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72. The firm’s 50-day moving average price is $152.86 and its two-hundred day moving average price is $146.66.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping 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 net margin of 18.14% and a return on equity of 26.84%. The business’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.72 earnings per share. On average, analysts forecast that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on KEYS. Barclays raised their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, Citigroup raised their price target on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $160.63.

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.