Keysight Technologies Inc (KEYS) Shares Sold by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC decreased its position in shares of Keysight Technologies Inc (NYSE:KEYS) by 8.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 450,189 shares of the scientific and technical instruments company’s stock after selling 40,043 shares during the quarter. Parametric Portfolio Associates LLC owned 0.24% of Keysight Technologies worth $18,755,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Bank of Montreal Can boosted its holdings in Keysight Technologies by 2.5% in the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock worth $349,000 after purchasing an additional 217 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Keysight Technologies by 52.4% in the second quarter. Russell Investments Group Ltd. now owns 50,069 shares of the scientific and technical instruments company’s stock worth $1,950,000 after purchasing an additional 17,214 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in Keysight Technologies by 9.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 560,259 shares of the scientific and technical instruments company’s stock worth $21,811,000 after purchasing an additional 49,640 shares during the last quarter. State of Wisconsin Investment Board boosted its holdings in Keysight Technologies by 7.6% in the second quarter. State of Wisconsin Investment Board now owns 36,806 shares of the scientific and technical instruments company’s stock worth $1,433,000 after purchasing an additional 2,590 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in Keysight Technologies by 5.5% in the second quarter. Legal & General Group Plc now owns 759,042 shares of the scientific and technical instruments company’s stock worth $29,549,000 after purchasing an additional 39,617 shares during the last quarter. Hedge funds and other institutional investors own 88.28% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Stifel Nicolaus restated a “hold” rating and issued a $43.00 target price on shares of Keysight Technologies in a report on Friday, December 8th. Jefferies Group restated a “buy” rating and issued 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. Finally, BidaskClub upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $47.60.

In other news, VP John C. Skinner sold 9,843 shares of the firm’s stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $42.04, for a total transaction of $413,799.72. Following the sale, the vice president now directly owns 29,198 shares in the company, valued at approximately $1,227,483.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ronald S. Nersesian sold 75,314 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $43.06, for a total transaction of $3,243,020.84. Following the sale, the insider now owns 356,816 shares in the company, valued at $15,364,496.96. The disclosure for this sale can be found here. Insiders have sold a total of 259,819 shares of company stock worth $11,483,635 over the last 90 days. Insiders own 1.23% of the company’s stock.

Keysight Technologies Inc (NYSE:KEYS) opened at $44.92 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.66 and a quick ratio of 1.94. Keysight Technologies Inc has a 52-week low of $35.05 and a 52-week high of $45.78. The firm has a market cap of $8,410.00, a P/E ratio of 74.87 and a beta of 1.18.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.12. The business had revenue of $878.00 million for the quarter, compared to the consensus estimate of $891.55 million. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company’s quarterly revenue was up 16.9% on a year-over-year basis. During the same period last year, the firm earned $0.64 earnings per share. sell-side analysts predict that Keysight Technologies Inc will post 2.53 EPS for the current fiscal year.

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About Keysight Technologies

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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