Sentry Investment Management LLC Has $150,000 Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Sentry Investment Management LLC cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 9.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 941 shares of the scientific and technical instruments company’s stock after selling 101 shares during the quarter. Sentry Investment Management LLC’s holdings in Keysight Technologies were worth $150,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of KEYS. Venturi Wealth Management LLC increased its holdings in Keysight Technologies by 145.9% during the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 159 shares during the last quarter. Lazard Asset Management LLC increased its stake in shares of Keysight Technologies by 45.5% during the 3rd quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock worth $37,390,000 after purchasing an additional 88,406 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in shares of Keysight Technologies by 5.7% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company’s stock worth $368,000 after purchasing an additional 151 shares during the period. Nordea Investment Management AB lifted its stake in Keysight Technologies by 27.6% in the third quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company’s stock valued at $96,209,000 after purchasing an additional 155,226 shares during the last quarter. Finally, Archford Capital Strategies LLC grew its holdings in Keysight Technologies by 3.9% during the fourth quarter. Archford Capital Strategies LLC now owns 3,352 shares of the scientific and technical instruments company’s stock valued at $533,000 after purchasing an additional 125 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup boosted their target price on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Barclays upped their price objective on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Hold” and a consensus price target of $160.63.

Keysight Technologies Price Performance

KEYS stock opened at $149.93 on Thursday. The firm has a 50 day moving average of $154.33 and a 200-day moving average of $145.99. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $26.17 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 6.87 and a beta of 1.05. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.59 by $0.04. The firm had revenue of $1.26 billion during 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 quarterly revenue was down 8.8% compared to the same quarter last year. During the same period last year, the firm earned $1.72 EPS. As a group, sell-side analysts predict that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction that occurred on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at $4,457,369.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

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.