Greenleaf Trust Grows Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Greenleaf Trust grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 21.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,093 shares of the scientific and technical instruments company’s stock after buying an additional 892 shares during the quarter. Greenleaf Trust’s holdings in Keysight Technologies were worth $809,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Community Trust & Investment Co. raised its position in shares of Keysight Technologies by 0.5% during the 3rd 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 acquiring an additional 531 shares in the last quarter. Eastern Bank acquired a new stake in shares of Keysight Technologies during the 3rd quarter valued at approximately $95,000. Signaturefd LLC raised its position in shares of Keysight Technologies by 7.2% during the 3rd quarter. Signaturefd LLC now owns 2,344 shares of the scientific and technical instruments company’s stock valued at $373,000 after acquiring an additional 158 shares in the last quarter. OLD National Bancorp IN raised its position in shares of Keysight Technologies by 16.5% during the 3rd quarter. OLD National Bancorp IN now owns 2,050 shares of the scientific and technical instruments company’s stock valued at $326,000 after acquiring an additional 291 shares in the last quarter. Finally, Werba Rubin Papier Wealth Management raised its position in shares of Keysight Technologies by 13.5% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 1,922 shares of the scientific and technical instruments company’s stock valued at $305,000 after acquiring an additional 229 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 0.3 %

Shares of KEYS stock opened at $153.75 on Friday. The stock has a 50-day simple moving average of $152.84 and a 200 day simple moving average of $145.34. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $162.51. The stock has a market capitalization of $26.84 billion, a P/E ratio of 33.50, a P/E/G ratio of 5.28 and a beta of 0.97. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the business posted $2.04 earnings per share. The company’s quarterly revenue was down 11.9% on a year-over-year basis. On average, sell-side analysts expect that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The stock was 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 in the company, valued at $6,576,960. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently issued reports on KEYS. Susquehanna dropped their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research report on Wednesday, August 21st. Robert W. Baird dropped their target price on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Finally, Vertical Research began coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $167.67.

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.