Raymond James Trust N.A. Purchases 3,859 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Raymond James Trust N.A. boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 82.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 8,540 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,859 shares during the period. Raymond James Trust N.A.’s holdings in Keysight Technologies were worth $1,224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Signaturefd LLC increased its position in shares of Keysight Technologies by 14.8% during the first quarter. Signaturefd LLC now owns 1,621 shares of the scientific and technical instruments company’s stock valued at $232,000 after buying an additional 209 shares during the period. MUFG Americas Holdings Corp increased its position in shares of Keysight Technologies by 16.1% during the first quarter. MUFG Americas Holdings Corp now owns 626 shares of the scientific and technical instruments company’s stock valued at $90,000 after buying an additional 87 shares during the period. Thoroughbred Financial Services LLC bought a new stake in shares of Keysight Technologies during the first quarter valued at about $212,000. CWM Advisors LLC increased its position in shares of Keysight Technologies by 64.5% during the first quarter. CWM Advisors LLC now owns 11,731 shares of the scientific and technical instruments company’s stock valued at $1,682,000 after buying an additional 4,601 shares during the period. Finally, Claraphi Advisory Network LLC bought a new stake in shares of Keysight Technologies during the first quarter valued at about $221,000. Hedge funds and other institutional investors own 84.88% of the company’s stock.

KEYS has been the subject of several recent analyst reports. Credit Suisse Group boosted their price objective on Keysight Technologies from $125.00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, February 25th. Citigroup boosted their price objective on Keysight Technologies from $130.00 to $175.00 in a report on Friday, January 22nd. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $135.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, February 5th. UBS Group boosted their price objective on Keysight Technologies from $145.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, January 15th. Finally, Barclays boosted their price objective on Keysight Technologies from $135.00 to $161.00 and gave the stock an “overweight” rating in a report on Thursday, January 14th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $149.09.

In other news, COO Satish Dhanasekaran sold 2,490 shares of the stock in a transaction that occurred on Monday, March 29th. The stock was sold at an average price of $142.18, for a total transaction of $354,028.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Shares of KEYS opened at $135.42 on Thursday. The firm has a market cap of $25.19 billion, a P/E ratio of 40.91, a P/E/G ratio of 2.79 and a beta of 1.04. The stock has a 50 day simple moving average of $143.75 and a two-hundred day simple moving average of $134.80. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.12 and a quick ratio of 2.42. Keysight Technologies, Inc. has a 1 year low of $90.62 and a 1 year high of $155.50.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Thursday, February 18th. The scientific and technical instruments company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.06. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.16 billion. Keysight Technologies had a return on equity of 25.76% and a net margin of 14.85%. During the same quarter in the prior year, the firm posted $1.26 earnings per share. On average, equities analysts anticipate that Keysight Technologies, Inc. will post 5.17 earnings per share for the current year.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment.

Featured Story: How to Calculate Compound Annual Growth Rate (CAGR)

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS).

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.