Family Firm Inc. Makes New $30,000 Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Family Firm Inc. bought a new position in Keysight Technologies, Inc. (NYSE:KEYS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 216 shares of the scientific and technical instruments company’s stock, valued at approximately $30,000.

A number of other large investors have also made changes to their positions in the company. Mcrae Capital Management Inc. raised its position in Keysight Technologies by 5.3% during the second quarter. Mcrae Capital Management Inc. now owns 111,926 shares of the scientific and technical instruments company’s stock valued at $15,306,000 after buying an additional 5,600 shares during the period. Diversified LLC lifted its position in shares of Keysight Technologies by 3.6% in the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock worth $309,000 after purchasing an additional 78 shares in the last quarter. &PARTNERS acquired a new stake in shares of Keysight Technologies during the second quarter worth approximately $620,000. Rockland Trust Co. purchased a new position in Keysight Technologies during the second quarter valued at approximately $229,000. Finally, Lecap Asset Management Ltd. acquired a new position in Keysight Technologies in the 2nd quarter valued at approximately $2,071,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS traded up $0.37 during midday trading on Friday, reaching $155.01. The company’s stock had a trading volume of 1,013,931 shares, compared to its average volume of 1,254,203. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. The company has a fifty day simple moving average of $136.43 and a 200 day simple moving average of $145.50. The stock has a market cap of $27.06 billion, a P/E ratio of 33.76, a PEG 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.

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

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on KEYS shares. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Barclays raised their price target on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Vertical Research initiated coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 price target for the company. Susquehanna cut their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday. Finally, Bank of America boosted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock has a consensus 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.