Huntleigh Advisors Inc. Increases Stock Holdings in Keysight Technologies Inc. (NYSE:KEYS)

Huntleigh Advisors Inc. raised its position in shares of Keysight Technologies Inc. (NYSE:KEYS) by 2.7% in the first quarter, HoldingsChannel reports. The firm owned 11,276 shares of the scientific and technical instruments company’s stock after buying an additional 301 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Keysight Technologies were worth $1,689,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division lifted its holdings in Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 90 shares in the last quarter. Private Trust Co. NA grew its position in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after acquiring an additional 75 shares in the last quarter. Sunbelt Securities Inc. raised its holdings in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 191 shares during the period. Goodman Advisory Group LLC bought a new stake in Keysight Technologies in the first quarter worth about $51,000. Finally, Quarry LP boosted its holdings in Keysight Technologies by 188.1% during the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock valued at $70,000 after acquiring an additional 284 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $158.39 on Friday. The firm has a 50 day simple moving average of $158.68 and a 200-day simple moving average of $158.86. The stock has a market cap of $27.26 billion, a price-to-earnings ratio of 37.18, a price-to-earnings-growth ratio of 2.25 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.75. Keysight Technologies Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.65 by $0.05. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.41 EPS. On average, analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Transactions at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 10,000 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the sale, the senior vice president directly owned 108,590 shares in the company, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John Page sold 7,368 shares of the company’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $1,162,523.04. Following the sale, the senior vice president owned 36,986 shares in the company, valued at approximately $5,835,651.08. This trade represents a 16.61% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 31,830 shares of company stock worth $5,124,049. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KEYS. Bank of America raised their target price on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an “underperform” rating in a research report on Thursday, May 22nd. Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. raised their target price on Keysight Technologies from $172.00 to $177.00 and gave the stock an “overweight” rating in a report on Wednesday, May 21st. Finally, Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $183.00.

Keysight Technologies 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.