Curi Wealth Management LLC Reduces Position in Keysight Technologies, Inc. (NYSE:KEYS)

Curi Wealth Management LLC lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 62.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,502 shares of the scientific and technical instruments company's stock after selling 35,047 shares during the period. Curi Wealth Management LLC's holdings in Keysight Technologies were worth $3,421,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in Keysight Technologies by 14.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 81,963 shares of the scientific and technical instruments company's stock worth $13,039,000 after acquiring an additional 10,102 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Keysight Technologies by 2.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 173,152 shares of the scientific and technical instruments company's stock worth $26,085,000 after acquiring an additional 4,349 shares during the last quarter. Avantax Advisory Services Inc. acquired a new position in Keysight Technologies during the fourth quarter worth approximately $216,000. Forum Financial Management LP purchased a new position in Keysight Technologies during the fourth quarter worth approximately $221,000. Finally, Envestnet Portfolio Solutions Inc. increased its stake in Keysight Technologies by 2.7% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 23,708 shares of the scientific and technical instruments company's stock worth $3,772,000 after acquiring an additional 626 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the business's stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares of the company's stock, valued at approximately $4,457,369.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $1.79 on Tuesday, hitting $151.50. 760,246 shares of the stock traded hands, compared to its average volume of 1,178,460. The company has a market capitalization of $26.45 billion, a PE ratio of 27.80, a PEG ratio of 6.81 and a beta of 1.06. The company's fifty day moving average is $152.00 and its 200 day moving average is $148.95. 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, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.04. The company had revenue of $1.26 billion for 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 company's revenue for the quarter was down 8.8% on a year-over-year basis. During the same period last year, the firm posted $1.72 EPS. On average, equities research analysts predict that Keysight Technologies, Inc. will post 5.4 earnings per share for the current fiscal year.

Analyst Ratings Changes

KEYS has been the subject of a number of research reports. JPMorgan Chase & Co. cut Keysight Technologies from an "overweight" rating to a "neutral" rating and decreased their target price for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. Barclays raised their target price on Keysight Technologies from $134.00 to $141.00 and gave the company an "equal weight" rating in a report on Wednesday, February 21st. Finally, Citigroup upped their price target on Keysight Technologies from $157.00 to $168.00 and gave the stock a "buy" rating in a report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $160.63.

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.

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