Rhumbline Advisers Has $19.12 Million Holdings in Keysight Technologies Inc (KEYS)

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Rhumbline Advisers decreased its holdings in Keysight Technologies Inc (NYSE:KEYS) by 9.6% in the 4th quarter, HoldingsChannel reports. The firm owned 308,017 shares of the scientific and technical instruments company’s stock after selling 32,710 shares during the period. Rhumbline Advisers’ holdings in Keysight Technologies were worth $19,122,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Spinnaker Trust acquired a new stake in Keysight Technologies in the 3rd quarter worth about $201,000. Bank of Montreal Can raised its position in shares of Keysight Technologies by 1,000.7% in the 4th quarter. Bank of Montreal Can now owns 135,282 shares of the scientific and technical instruments company’s stock valued at $8,398,000 after buying an additional 122,992 shares in the last quarter. Jane Street Group LLC raised its position in shares of Keysight Technologies by 77.5% in the 3rd quarter. Jane Street Group LLC now owns 10,806 shares of the scientific and technical instruments company’s stock valued at $716,000 after buying an additional 4,717 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its position in shares of Keysight Technologies by 15.3% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 11,300 shares of the scientific and technical instruments company’s stock valued at $749,000 after buying an additional 1,500 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. raised its position in shares of Keysight Technologies by 3.1% in the 3rd quarter. Leith Wheeler Investment Counsel Ltd. now owns 87,688 shares of the scientific and technical instruments company’s stock valued at $5,812,000 after buying an additional 2,660 shares in the last quarter. Institutional investors and hedge funds own 87.47% of the company’s stock.

NYSE:KEYS opened at $76.86 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.63. Keysight Technologies Inc has a 52 week low of $42.13 and a 52 week high of $77.08. The firm has a market capitalization of $14.43 billion, a PE ratio of 25.62 and a beta of 1.13.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a net margin of 4.25% and a return on equity of 22.80%. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company earned $0.71 EPS. Keysight Technologies’s quarterly revenue was up 19.7% compared to the same quarter last year. Equities research analysts forecast that Keysight Technologies Inc will post 3.5 earnings per share for the current year.

In other Keysight Technologies news, SVP Stephen D. Williams sold 17,752 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $57.16, for a total transaction of $1,014,704.32. Following the transaction, the senior vice president now owns 56,986 shares in the company, valued at $3,257,319.76. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Ingrid A. Estrada sold 15,462 shares of the company’s stock in a transaction on Monday, December 3rd. The stock was sold at an average price of $62.26, for a total transaction of $962,664.12. Following the transaction, the senior vice president now owns 92,121 shares in the company, valued at approximately $5,735,453.46. The disclosure for this sale can be found here. Insiders have sold a total of 249,925 shares of company stock worth $14,923,747 in the last quarter. 0.65% of the stock is owned by corporate insiders.

A number of equities research analysts have recently commented on the stock. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday. Jefferies Financial Group upped their price objective on shares of Keysight Technologies from $74.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, November 21st. Goldman Sachs Group raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating in a research note on Thursday, October 18th. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, November 27th. Finally, TheStreet lowered shares of Keysight Technologies from an “a-” rating to a “c+” rating in a research note on Tuesday, November 20th. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. Keysight Technologies has an average rating of “Buy” and an average target price of $73.00.

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Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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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)

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