Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Signaturefd LLC

Signaturefd LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 7.2% during the third quarter, HoldingsChannel.com reports. The fund owned 2,344 shares of the scientific and technical instruments company’s stock after acquiring an additional 158 shares during the quarter. Signaturefd LLC’s holdings in Keysight Technologies were worth $373,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Swedbank AB grew its holdings in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the period. Jennison Associates LLC grew its holdings in shares of Keysight Technologies by 53.2% in the 1st quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after acquiring an additional 1,323,775 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 352.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after acquiring an additional 2,462,543 shares during the period. Capital World Investors acquired a new stake in shares of Keysight Technologies in the 1st quarter worth approximately $250,097,000. Finally, Van ECK Associates Corp lifted its stake in Keysight Technologies by 6.1% in the 2nd quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock valued at $188,540,000 after buying an additional 79,774 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Up 1.5 %

Shares of Keysight Technologies stock opened at $155.98 on Friday. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The firm has a market cap of $27.07 billion, a PE ratio of 30.00, a P/E/G ratio of 5.19 and a beta of 0.97. The business’s fifty day moving average is $153.25 and its two-hundred day moving average is $145.32. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $162.51.

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

Insider Buying and Selling

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 transaction, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, August 26th. JPMorgan Chase & Co. upped their target price on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Vertical Research assumed coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, Bank of America upped their target price on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $167.67.

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.