Hunter Associates Investment Management LLC Purchases Shares of 1,370 Keysight Technologies, Inc. (NYSE:KEYS)

Hunter Associates Investment Management LLC acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,370 shares of the scientific and technical instruments company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in KEYS. Wetzel Investment Advisors Inc. acquired a new stake in shares of Keysight Technologies during the 4th quarter valued at $53,000. Greenleaf Trust lifted its holdings in shares of Keysight Technologies by 20.4% during the fourth quarter. Greenleaf Trust now owns 4,048 shares of the scientific and technical instruments company’s stock valued at $644,000 after purchasing an additional 686 shares during the last quarter. Trust Investment Advisors boosted its position in shares of Keysight Technologies by 1.8% in the 4th quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock valued at $664,000 after purchasing an additional 75 shares during the period. Xponance Inc. increased its stake in Keysight Technologies by 1.0% in the 4th quarter. Xponance Inc. now owns 29,773 shares of the scientific and technical instruments company’s stock worth $4,737,000 after purchasing an additional 306 shares in the last quarter. Finally, AIA Group Ltd increased its stake in Keysight Technologies by 221.7% in the 4th quarter. AIA Group Ltd now owns 9,098 shares of the scientific and technical instruments company’s stock worth $1,447,000 after purchasing an additional 6,270 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Keysight Technologies

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

Keysight Technologies Stock Down 1.2 %

NYSE:KEYS traded down $1.77 during mid-day trading on Friday, reaching $145.12. The stock had a trading volume of 1,099,657 shares, compared to its average volume of 1,163,884. The business’s 50 day moving average is $153.72 and its 200 day moving average is $146.09. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $172.72. The stock has a market cap of $25.33 billion, a P/E ratio of 26.63, a PEG ratio of 6.66 and a beta of 1.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company posted $1.72 earnings per share. The firm’s revenue was down 8.8% on a year-over-year basis. As a group, sell-side analysts predict that Keysight Technologies, Inc. will post 5.4 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have commented on the stock. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. 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 research note on Wednesday, February 21st. Finally, Citigroup upped their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Hold” and an average price target of $160.63.

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.