Hartford Investment Management Co. Sells 189 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Hartford Investment Management Co. lowered its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.7% during the 3rd quarter, Holdings Channel reports. The firm owned 11,000 shares of the scientific and technical instruments company’s stock after selling 189 shares during the quarter. Hartford Investment Management Co.’s holdings in Keysight Technologies were worth $1,748,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Greenleaf Trust lifted its holdings in shares of Keysight Technologies by 21.2% in the 3rd quarter. Greenleaf Trust now owns 5,093 shares of the scientific and technical instruments company’s stock worth $809,000 after buying an additional 892 shares during the period. Community Trust & Investment Co. increased its stake in shares of Keysight Technologies by 0.5% during the third quarter. Community Trust & Investment Co. now owns 112,860 shares of the scientific and technical instruments company’s stock valued at $17,937,000 after buying an additional 531 shares during the period. Eastern Bank bought a new stake in shares of Keysight Technologies in the third quarter valued at about $95,000. Signaturefd LLC lifted its stake in Keysight Technologies by 7.2% in the third quarter. Signaturefd LLC now owns 2,344 shares of the scientific and technical instruments company’s stock worth $373,000 after acquiring an additional 158 shares during the period. Finally, OLD National Bancorp IN lifted its stake in Keysight Technologies by 16.5% in the third quarter. OLD National Bancorp IN now owns 2,050 shares of the scientific and technical instruments company’s stock worth $326,000 after acquiring an additional 291 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by insiders.

Analyst Ratings Changes

KEYS has been the topic of a number of research reports. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America upped their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. Finally, Susquehanna reduced their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Keysight Technologies Stock Up 0.3 %

Keysight Technologies stock opened at $153.75 on Friday. The business has a fifty day moving average price of $152.84 and a 200-day moving average price of $145.34. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $162.51. The stock has a market capitalization of $26.84 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 5.28 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the firm earned $2.04 earnings per share. The company’s revenue was down 11.9% on a year-over-year basis. Equities research analysts forecast that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

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.