RMR Wealth Builders Sells 499 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

RMR Wealth Builders cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 18.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,165 shares of the scientific and technical instruments company’s stock after selling 499 shares during the period. RMR Wealth Builders’ holdings in Keysight Technologies were worth $296,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of KEYS. Brown Shipley& Co Ltd increased its position in shares of Keysight Technologies by 1.0% during the fourth quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock valued at $1,026,000 after purchasing an additional 67 shares during the period. Park Avenue Securities LLC increased its holdings in Keysight Technologies by 0.9% in the 1st quarter. Park Avenue Securities LLC now owns 7,830 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after buying an additional 71 shares during the period. Ferguson Wellman Capital Management Inc. raised its stake in shares of Keysight Technologies by 0.6% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after buying an additional 73 shares in the last quarter. Wedmont Private Capital lifted its holdings in shares of Keysight Technologies by 2.8% during the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after acquiring an additional 74 shares during the period. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Keysight Technologies by 28.0% during the 1st quarter. Venturi Wealth Management LLC now owns 343 shares of the scientific and technical instruments company’s stock worth $54,000 after acquiring an additional 75 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In related news, Director Kevin A. Stephens acquired 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the purchase, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares in the company, valued at $533,928.85. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kevin A. Stephens purchased 460 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was purchased at an average cost of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The disclosure for this purchase can be found here. Insiders own 0.60% of the company’s stock.

Keysight Technologies Trading Down 1.4 %

NYSE:KEYS traded down $2.19 during trading hours on Thursday, hitting $155.62. 681,616 shares of the stock were exchanged, compared to its average volume of 1,250,273. The company’s 50 day moving average is $135.72 and its two-hundred day moving average is $145.43. The company has a market capitalization of $27.16 billion, a P/E ratio of 34.39, a price-to-earnings-growth ratio of 4.58 and a beta of 0.95. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $162.51. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. The firm had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The company’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.04 EPS. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on KEYS. Vertical Research started coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Robert W. Baird dropped their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday. Bank of America boosted their price target on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday. Susquehanna dropped their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday. Finally, Barclays boosted their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $166.30.

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.