Commerce Bank Has $14.44 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Commerce Bank decreased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 10.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,829 shares of the scientific and technical instruments company's stock after selling 10,508 shares during the quarter. Commerce Bank owned about 0.05% of Keysight Technologies worth $14,435,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Meeder Asset Management Inc. purchased a new position in shares of Keysight Technologies during the second quarter worth $27,000. Family Firm Inc. purchased a new position in Keysight Technologies in the second quarter valued at $30,000. American National Bank & Trust purchased a new position in Keysight Technologies in the third quarter valued at $31,000. GPS Wealth Strategies Group LLC raised its stake in Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company's stock valued at $35,000 after buying an additional 184 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Keysight Technologies by 842.4% during 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 in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Analyst Ratings Changes

KEYS has been the topic of several recent research reports. Robert W. Baird boosted their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday. JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a report on Wednesday, August 21st. Susquehanna restated a "positive" rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday. Bank of America increased their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $177.30.

Keysight Technologies Stock Up 2.7 %

KEYS stock traded up $4.51 during trading hours on Thursday, hitting $169.99. The company's stock had a trading volume of 1,353,924 shares, compared to its average volume of 1,194,811. 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 company has a market capitalization of $29.50 billion, a PE ratio of 48.69, a price-to-earnings-growth ratio of 4.46 and a beta of 0.98. The stock has a 50 day moving average price of $155.72 and a two-hundred day moving average price of $146.10. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $170.52.

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, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The firm had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the prior year, the firm posted $2.04 EPS. The company's revenue for the quarter was down 11.9% on a year-over-year basis. On average, equities research analysts expect that Keysight Technologies, Inc. will post 6.18 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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.