Keybank National Association OH increased its position in shares of Keysight Technologies Inc (NYSE:KEYS) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,604 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,582 shares during the quarter. Keybank National Association OH’s holdings in Keysight Technologies were worth $1,564,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invictus RG bought a new stake in Keysight Technologies during the third quarter worth about $111,000. SeaCrest Wealth Management LLC bought a new stake in Keysight Technologies during the fourth quarter worth about $121,000. Cerebellum GP LLC bought a new stake in Keysight Technologies during the fourth quarter worth about $125,000. Robeco Institutional Asset Management B.V. bought a new stake in Keysight Technologies during the fourth quarter worth about $168,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in Keysight Technologies during the second quarter worth about $207,000. 88.98% of the stock is owned by institutional investors and hedge funds.
In other Keysight Technologies news, SVP Stephen D. Williams sold 12,296 shares of the business’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $41.79, for a total transaction of $513,849.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John C. Skinner sold 9,843 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $42.04, for a total value of $413,799.72. Following the completion of the transaction, the vice president now directly owns 29,198 shares of the company’s stock, valued at approximately $1,227,483.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 259,819 shares of company stock valued at $11,483,635. Insiders own 0.97% of the company’s stock.
Keysight Technologies (NYSE:KEYS) last issued its earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.12. The firm had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. Keysight Technologies had a return on equity of 19.79% and a net margin of 3.20%. The business’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 earnings per share. sell-side analysts forecast that Keysight Technologies Inc will post 2.54 EPS for the current year.
Several research firms recently weighed in on KEYS. Zacks Investment Research cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Deutsche Bank upped their price objective on shares of Keysight Technologies to $55.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $43.00 price objective on shares of Keysight Technologies in a research report on Friday, December 8th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Keysight Technologies presently has a consensus rating of “Buy” and an average target price of $48.50.
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About Keysight Technologies
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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