Yorktown Management & Research Co Inc acquired a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 9,900 shares of the scientific and technical instruments company’s stock, valued at approximately $412,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Pacer Advisors Inc. grew its stake in shares of Keysight Technologies by 11.4% during the 3rd quarter. Pacer Advisors Inc. now owns 28,983 shares of the scientific and technical instruments company’s stock valued at $1,207,000 after buying an additional 2,975 shares during the period. Chartwell Investment Partners LLC lifted its holdings in shares of Keysight Technologies by 4.7% during the 3rd quarter. Chartwell Investment Partners LLC now owns 99,542 shares of the scientific and technical instruments company’s stock valued at $4,146,000 after acquiring an additional 4,462 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Keysight Technologies by 10.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,771,083 shares of the scientific and technical instruments company’s stock valued at $73,782,000 after acquiring an additional 169,578 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of Keysight Technologies during the 3rd quarter valued at $287,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Keysight Technologies by 205.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 153,015 shares of the scientific and technical instruments company’s stock valued at $6,375,000 after acquiring an additional 102,946 shares in the last quarter. 89.20% of the stock is owned by institutional investors.
Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Jefferies Group restated a “buy” rating and set a $52.00 target price on shares of Keysight Technologies in a report on Friday, October 20th. TheStreet upgraded shares of Keysight Technologies from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. BidaskClub upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Finally, Robert W. Baird restated a “buy” rating and set a $48.00 target price on shares of Keysight Technologies in a report on Friday, October 6th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Keysight Technologies presently has a consensus rating of “Buy” and a consensus price target of $47.33.
In other Keysight Technologies news, insider Ronald S. Nersesian sold 58,931 shares of the business’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $41.64, for a total value of $2,453,886.84. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders own 1.23% of the company’s stock.
Shares of Keysight Technologies Inc. (NYSE KEYS) traded up $0.64 during mid-day trading on Thursday, reaching $42.72. 2,120,724 shares of the company’s stock were exchanged, compared to its average volume of 869,914. Keysight Technologies Inc. has a 52-week low of $35.05 and a 52-week high of $45.65. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.75 and a quick ratio of 2.04. The firm has a market cap of $7,820.67, a price-to-earnings ratio of 19.18, a P/E/G ratio of 2.16 and a beta of 1.13.
Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. The firm had revenue of $878.00 million for the quarter, compared to analyst estimates of $891.55 million. During the same quarter in the previous year, the business posted $0.64 EPS. The firm’s revenue was up 16.9% compared to the same quarter last year. research analysts predict that Keysight Technologies Inc. will post 2.2 EPS for the current fiscal year.
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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.
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