Park Place Capital Corp Has $137,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Park Place Capital Corp lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 25.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 876 shares of the scientific and technical instruments company’s stock after selling 300 shares during the period. Park Place Capital Corp’s holdings in Keysight Technologies were worth $137,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 145.9% in the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 159 shares during the last quarter. Everence Capital Management Inc. raised its holdings in shares of Keysight Technologies by 161.6% in the 4th quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock worth $3,193,000 after acquiring an additional 12,400 shares during the last quarter. TD Asset Management Inc raised its holdings in shares of Keysight Technologies by 5.8% in the 4th quarter. TD Asset Management Inc now owns 467,818 shares of the scientific and technical instruments company’s stock worth $74,425,000 after acquiring an additional 25,654 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Keysight Technologies by 102.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 698,336 shares of the scientific and technical instruments company’s stock worth $111,099,000 after acquiring an additional 353,768 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in shares of Keysight Technologies by 68.4% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock worth $447,000 after acquiring an additional 1,141 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In other Keysight Technologies news, Director Kevin A. Stephens acquired 460 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The stock was bought at an average cost of $143.35 per share, with a total value of $65,941.00. Following the acquisition, the director now owns 7,681 shares in the company, valued at $1,101,071.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kevin A. Stephens acquired 460 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the acquisition, the director now owns 7,681 shares in the company, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. Insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $1.82 on Monday, reaching $134.93. 749,387 shares of the company traded hands, compared to its average volume of 1,220,652. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The company has a 50 day moving average of $143.43 and a 200 day moving average of $150.69. The firm has a market capitalization of $23.55 billion, a PE ratio of 29.43, a PEG ratio of 4.72 and a beta of 0.95. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.01. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Equities analysts forecast that Keysight Technologies, Inc. will post 5.25 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on KEYS. Susquehanna decreased their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research note on Tuesday, May 21st. Barclays increased their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 21st. Finally, Robert W. Baird increased their price objective on shares of Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research note on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $166.33.

Keysight Technologies Company 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.