Public Employees Retirement Association of Colorado boosted its holdings in Keysight Technologies Inc (NYSE:KEYS) by 3.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 36,344 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,176 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Keysight Technologies were worth $1,512,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund boosted its holdings in Keysight Technologies by 1.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 68,891 shares of the scientific and technical instruments company’s stock valued at $2,870,000 after purchasing an additional 1,217 shares during the period. Mutual of America Capital Management LLC boosted its holdings in Keysight Technologies by 1.0% in the 4th quarter. Mutual of America Capital Management LLC now owns 152,503 shares of the scientific and technical instruments company’s stock valued at $6,344,000 after purchasing an additional 1,491 shares during the period. American International Group Inc. boosted its holdings in Keysight Technologies by 0.4% in the 3rd quarter. American International Group Inc. now owns 379,224 shares of the scientific and technical instruments company’s stock valued at $15,798,000 after purchasing an additional 1,551 shares during the period. Invictus RG bought a new position in Keysight Technologies in the 3rd quarter valued at $111,000. Finally, Leith Wheeler Investment Counsel Ltd. boosted its holdings in Keysight Technologies by 5.4% in the 4th quarter. Leith Wheeler Investment Counsel Ltd. now owns 56,193 shares of the scientific and technical instruments company’s stock valued at $2,338,000 after purchasing an additional 2,880 shares during the period. Institutional investors and hedge funds own 89.11% of the company’s stock.
In other news, SVP Stephen D. Williams sold 12,296 shares of Keysight Technologies stock in a transaction on Friday, December 29th. The shares were sold at an average price of $41.79, for a total transaction of $513,849.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ronald S. Nersesian sold 162,366 shares of Keysight Technologies stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $45.04, for a total transaction of $7,312,964.64. Following the sale, the insider now directly owns 517,674 shares of the company’s stock, valued at $23,316,036.96. The disclosure for this sale can be found here. Insiders have sold a total of 259,819 shares of company stock valued at $11,483,635 over the last ninety days. 1.23% of the stock is currently owned by insiders.
Shares of Keysight Technologies Inc (KEYS) opened at $45.87 on Friday. Keysight Technologies Inc has a fifty-two week low of $35.05 and a fifty-two week high of $48.03. The company has a current ratio of 2.66, a quick ratio of 1.94 and a debt-to-equity ratio of 0.88. The stock has a market cap of $8,591.45, a price-to-earnings ratio of 20.39 and a beta of 1.21.
Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. During the same period in the previous year, the firm 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 2.54 earnings per share for the current fiscal year.
Several research analysts have commented on KEYS shares. Deutsche Bank raised their price target on shares of Keysight Technologies to $55.00 and gave the company a “buy” rating in a report on Monday, January 29th. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a report on Wednesday, December 13th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $43.00 price target on shares of Keysight Technologies in a report on Friday, December 8th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $48.50.
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Keysight Technologies 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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