9,900 Shares in Keysight Technologies Inc. (KEYS) Acquired by Yorktown Management & Research Co Inc

Yorktown Management & Research Co Inc acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,900 shares of the scientific and technical instruments company’s stock, valued at approximately $412,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Asset Management Inc. acquired a new position in shares of Keysight Technologies during the second quarter valued at about $27,072,000. Wells Fargo & Company MN raised its holdings in shares of Keysight Technologies by 327.0% in the 2nd quarter. Wells Fargo & Company MN now owns 533,505 shares of the scientific and technical instruments company’s stock worth $20,769,000 after acquiring an additional 408,576 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Keysight Technologies by 5.5% in the 2nd quarter. Legal & General Group Plc now owns 759,042 shares of the scientific and technical instruments company’s stock worth $29,549,000 after acquiring an additional 39,617 shares during the last quarter. Flinton Capital Management LLC raised its holdings in shares of Keysight Technologies by 33.7% in the 2nd quarter. Flinton Capital Management LLC now owns 13,088 shares of the scientific and technical instruments company’s stock worth $509,000 after acquiring an additional 3,296 shares during the last quarter. Finally, Underhill Investment Management LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter worth about $5,905,000. Hedge funds and other institutional investors own 87.00% of the company’s stock.

KEYS has been the topic of a number of analyst reports. Jefferies Group LLC restated a “buy” rating and issued a $52.00 target price on shares of Keysight Technologies in a report on Friday, October 20th. Credit Suisse Group upped their target price on shares of Keysight Technologies from $45.50 to $49.00 and gave the stock an “outperform” rating in a report on Thursday, August 31st. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Robert W. Baird restated a “buy” rating and issued a $48.00 target price on shares of Keysight Technologies in a report on Friday, September 1st. Finally, BidaskClub lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Keysight Technologies currently has a consensus rating of “Buy” and a consensus price target of $47.33.

Keysight Technologies Inc. (NYSE:KEYS) traded up $1.14 during trading hours on Wednesday, reaching $45.15. 578,600 shares of the company’s stock traded hands, compared to its average volume of 865,816. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.04 and a current ratio of 2.75. The stock has a market cap of $8,158.04, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.25 and a beta of 1.17. Keysight Technologies Inc. has a 52-week low of $35.05 and a 52-week high of $45.65.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. The firm had revenue of $832.00 million during the quarter, compared to analyst estimates of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The company’s revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the business posted $0.63 EPS. analysts expect that Keysight Technologies Inc. will post 2.2 earnings per share for the current year.

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In other news, insider Ronald S. Nersesian sold 58,931 shares of the stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $41.64, for a total transaction of $2,453,886.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John C. Skinner sold 15,058 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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