Speece Thorson Capital Group Inc. Purchases 17,962 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Speece Thorson Capital Group Inc. raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 28.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,629 shares of the scientific and technical instruments company's stock after purchasing an additional 17,962 shares during the period. Keysight Technologies makes up approximately 2.4% of Speece Thorson Capital Group Inc.'s investment portfolio, making the stock its 23rd biggest position. Speece Thorson Capital Group Inc.'s holdings in Keysight Technologies were worth $12,814,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KEYS. American National Bank & Trust bought a new stake in shares of Keysight Technologies in the third quarter worth $31,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the 2nd quarter valued at $27,000. Family Firm Inc. acquired a new position in Keysight Technologies during the second quarter worth $30,000. GPS Wealth Strategies Group LLC boosted its stake in Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company's stock valued at $35,000 after purchasing an additional 184 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Keysight Technologies by 842.4% in the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 278 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $3.95 during trading hours on Wednesday, reaching $157.26. The company had a trading volume of 1,299,767 shares, compared to its average volume of 1,173,481. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $166.28. The business has a fifty day simple moving average of $154.91 and a 200 day simple moving average of $145.87. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm has a market cap of $27.29 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 4.77 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly 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. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company earned $2.04 earnings per share. The business's revenue for the quarter was down 11.9% on a year-over-year basis. On average, analysts anticipate that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal 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 sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on KEYS. Robert W. Baird reduced their target price on Keysight Technologies from $167.00 to $160.00 and set an "outperform" rating for the company in a report on Monday, August 19th. Barclays raised Keysight Technologies from an "equal weight" rating to an "overweight" rating and upped their target price for the company from $158.00 to $180.00 in a report on Monday, November 4th. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a "positive" rating for the company in a report on Wednesday, August 21st. 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 report on Wednesday, August 21st. Finally, Vertical Research began coverage on Keysight Technologies in a report on Tuesday, July 23rd. They issued a "buy" rating and a $175.00 target price for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus target price of $170.89.

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.