LMR Partners LLP Invests $14.34 Million in Keysight Technologies, Inc. (NYSE:KEYS)

LMR Partners LLP bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 90,219 shares of the scientific and technical instruments company's stock, valued at approximately $14,339,000. LMR Partners LLP owned about 0.05% of Keysight Technologies at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of KEYS. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Keysight Technologies by 0.6% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company's stock valued at $1,737,000 after acquiring an additional 73 shares during the last quarter. Wedmont Private Capital boosted its holdings in shares of Keysight Technologies by 2.8% during the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company's stock worth $391,000 after buying an additional 74 shares in the last quarter. Cromwell Holdings LLC grew its holdings in Keysight Technologies by 15.9% in the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock worth $87,000 after purchasing an additional 75 shares during the period. Allworth Financial LP grew its stake in shares of Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock valued at $317,000 after buying an additional 75 shares during the period. Finally, Diversified LLC increased its holdings in shares of Keysight Technologies by 3.6% during the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company's stock valued at $309,000 after acquiring an additional 78 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

NYSE KEYS traded up $1.23 during trading on Monday, hitting $150.60. 1,206,850 shares of the company's stock traded hands, compared to its average volume of 1,174,341. The stock has a market capitalization of $26.14 billion, a price-to-earnings ratio of 28.73, a PEG ratio of 4.36 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The business has a 50 day moving average of $155.17 and a 200-day moving average of $145.91. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $166.28.

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. As a group, equities research analysts anticipate that Keysight Technologies, Inc. will post 5.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KEYS shares. JPMorgan Chase & Co. lifted their price objective 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. 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. StockNews.com raised shares of Keysight Technologies from a "hold" rating to a "buy" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Susquehanna decreased their target price on Keysight Technologies from $195.00 to $185.00 and set a "positive" rating for the company in a research report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $170.89.

Insider Buying and Selling at Keysight Technologies

In related 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 value of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 3.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company's stock.

About Keysight Technologies

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.