Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 43.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,398 shares of the scientific and technical instruments company's stock after selling 9,681 shares during the period. Banque Cantonale Vaudoise's holdings in Keysight Technologies were worth $1,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Swedbank AB raised its position in 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 valued at $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in shares of Keysight Technologies by 352.6% during the first 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 buying an additional 2,462,543 shares during the period. Capital World Investors acquired a new stake in shares of Keysight Technologies during the first quarter worth about $250,097,000. Van ECK Associates Corp grew its holdings in shares of Keysight Technologies by 6.1% during the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company's stock worth $188,540,000 after buying an additional 79,774 shares during the last quarter. Finally, Boston Partners acquired a new position in Keysight Technologies in the 1st quarter valued at about $175,979,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the topic of several analyst reports. Susquehanna reiterated a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday. Bank of America lifted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research report on Wednesday. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.

Keysight Technologies Price Performance

KEYS stock opened at $165.48 on Thursday. The firm has a 50 day moving average of $155.72 and a 200-day moving average of $146.10. The company has a market cap of $28.72 billion, a price-to-earnings ratio of 47.28, a PEG ratio of 4.46 and a beta of 0.98. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $168.46.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.22. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. Keysight Technologies's quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.04 earnings per share. As a group, equities analysts expect that Keysight Technologies, Inc. will post 6.18 EPS for the current fiscal year.

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.