Natixis Advisors LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 8.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,966 shares of the scientific and technical instruments company's stock after purchasing an additional 14,185 shares during the quarter. Natixis Advisors LLC owned about 0.10% of Keysight Technologies worth $28,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth about $27,000. Family Firm Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth about $30,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies during the third quarter worth about $31,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 184 shares during the period. Finally, Versant Capital Management Inc lifted its holdings 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 during the period. Institutional investors and hedge funds own 84.58% of the company's stock.
Keysight Technologies Price Performance
Shares of Keysight Technologies stock traded up $0.48 during mid-day trading on Tuesday, reaching $151.90. 868,005 shares of the stock traded hands, compared to its average volume of 1,176,235. The stock has a market capitalization of $26.36 billion, a PE ratio of 29.12, a PEG ratio of 4.38 and a beta of 0.98. The business has a 50-day moving average of $155.28 and a 200 day moving average of $145.95. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $166.28. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.
Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the previous year, the company posted $2.04 EPS. The firm's quarterly revenue was down 11.9% on a year-over-year basis. On average, analysts predict that Keysight Technologies, Inc. will post 5.48 EPS for the current year.
Insider Transactions at Keysight Technologies
In other news, Director Richard P. Hamada sold 1,632 shares of the company's stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company's stock, valued at $6,576,960. This represents a 3.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.60% of the company's stock.
Analyst Ratings Changes
A number of research firms recently commented on KEYS. Barclays raised Keysight Technologies from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $158.00 to $180.00 in a report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a "buy" rating in a research report on Monday, August 26th. Bank of America lifted their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an "underperform" rating in a report on Wednesday, August 21st. Robert W. Baird dropped their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an "outperform" rating on the stock in a research report on Monday, August 19th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $170.89.
Check Out Our Latest Stock Analysis on KEYS
Keysight Technologies Company Profile
(
Free Report)
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.
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