13,218 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Portfolio Design Labs LLC

Portfolio Design Labs LLC purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,218 shares of the scientific and technical instruments company's stock, valued at approximately $2,101,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the second quarter worth approximately $27,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth $30,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $31,000. GPS Wealth Strategies Group LLC raised its stake in shares of Keysight Technologies by 262.9% in 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 in the last quarter. Finally, Versant Capital Management Inc grew its position in shares of Keysight Technologies by 842.4% during the 2nd quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company's stock valued at $43,000 after buying an additional 278 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the firm's stock in a transaction dated 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 sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. This trade represents a 3.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on KEYS. Susquehanna restated a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday. Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday. StockNews.com raised shares of Keysight Technologies from a "hold" rating to a "buy" rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, 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 research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average price target of $177.30.

Keysight Technologies Price Performance

Shares of NYSE:KEYS traded up $13.35 during midday trading on Wednesday, reaching $165.48. 3,192,533 shares of the company's stock were exchanged, compared to its average volume of 1,191,598. The company's 50 day simple moving average is $155.72 and its two-hundred day simple moving average is $146.10. The firm has a market capitalization of $28.72 billion, a PE ratio of 31.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.98. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $168.46. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05.

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 analysts' consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm's revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the company posted $2.04 EPS. Equities research analysts expect that Keysight Technologies, Inc. will post 5.48 earnings per share for the current fiscal 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.