Arizona State Retirement System Has $5.55 Million Holdings in Keysight Technologies Inc (KEYS)

Arizona State Retirement System raised its position in Keysight Technologies Inc (NYSE:KEYS) by 27.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 133,424 shares of the scientific and technical instruments company’s stock after buying an additional 28,347 shares during the period. Arizona State Retirement System owned 0.07% of Keysight Technologies worth $5,550,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. American Century Companies Inc. increased its stake in Keysight Technologies by 52.5% in the 4th quarter. American Century Companies Inc. now owns 7,596,674 shares of the scientific and technical instruments company’s stock valued at $316,022,000 after buying an additional 2,613,683 shares during the last quarter. Victory Capital Management Inc. increased its stake in Keysight Technologies by 8.3% in the 4th quarter. Victory Capital Management Inc. now owns 4,301,488 shares of the scientific and technical instruments company’s stock valued at $178,942,000 after buying an additional 328,386 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Keysight Technologies by 13.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,628,761 shares of the scientific and technical instruments company’s stock valued at $109,514,000 after buying an additional 309,437 shares during the last quarter. Wedge Capital Management L L P NC increased its stake in Keysight Technologies by 6.0% in the 4th quarter. Wedge Capital Management L L P NC now owns 2,281,913 shares of the scientific and technical instruments company’s stock valued at $94,928,000 after buying an additional 129,969 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Keysight Technologies by 10.6% in 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 buying an additional 169,578 shares during the last quarter. Hedge funds and other institutional investors own 88.98% of the company’s stock.

In other news, insider Ronald S. Nersesian sold 75,314 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now owns 356,816 shares in the company, valued at approximately $15,364,496.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP John C. Skinner sold 9,843 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $42.04, for a total transaction of $413,799.72. Following the sale, the vice president now owns 29,198 shares of the company’s stock, valued at approximately $1,227,483.92. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 259,819 shares of company stock valued at $11,483,635. 0.97% of the stock is currently owned by company insiders.

Several equities research analysts have commented on the stock. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Deutsche Bank increased their price objective on shares of Keysight Technologies to $55.00 and gave the company a “buy” rating in a research note on Monday, January 29th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $43.00 price objective on shares of Keysight Technologies in a research note on Friday, December 8th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Keysight Technologies presently has an average rating of “Buy” and an average price target of $48.50.

Shares of Keysight Technologies Inc (NYSE:KEYS) opened at $46.29 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.94 and a current ratio of 2.66. Keysight Technologies Inc has a one year low of $35.05 and a one year high of $48.03. The stock has a market cap of $8,535.28, a P/E ratio of 20.25 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate 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 analyst estimates of $891.55 million. During the same quarter last year, the business posted $0.64 EPS. Keysight Technologies’s quarterly revenue was up 16.9% compared to the same quarter last year. research analysts expect that Keysight Technologies Inc will post 2.54 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright law. The legal version of this piece of content can be accessed at https://www.dispatchtribunal.com/2018/02/24/arizona-state-retirement-system-has-5-55-million-holdings-in-keysight-technologies-inc-keys.html.

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.

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc (NYSE:KEYS).

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply