Cognios Capital LLC Purchases 1,522 Shares of Keysight Technologies Inc (KEYS)

Cognios Capital LLC boosted its position in Keysight Technologies Inc (NYSE:KEYS) by 8.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,704 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,522 shares during the quarter. Cognios Capital LLC’s holdings in Keysight Technologies were worth $1,239,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Louisiana State Employees Retirement System raised its holdings in Keysight Technologies by 1.6% in the third quarter. Louisiana State Employees Retirement System now owns 51,300 shares of the scientific and technical instruments company’s stock worth $3,400,000 after purchasing an additional 800 shares in the last quarter. Hudson Capital Management LLC raised its holdings in Keysight Technologies by 4.8% in the second quarter. Hudson Capital Management LLC now owns 19,227 shares of the scientific and technical instruments company’s stock worth $1,135,000 after purchasing an additional 885 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in Keysight Technologies by 1.3% in the third quarter. Oregon Public Employees Retirement Fund now owns 73,825 shares of the scientific and technical instruments company’s stock worth $4,893,000 after purchasing an additional 922 shares in the last quarter. Strs Ohio raised its holdings in Keysight Technologies by 15.5% in the third quarter. Strs Ohio now owns 7,948 shares of the scientific and technical instruments company’s stock worth $526,000 after purchasing an additional 1,067 shares in the last quarter. Finally, Mcrae Capital Management Inc. raised its holdings in Keysight Technologies by 15.7% in the third quarter. Mcrae Capital Management Inc. now owns 8,125 shares of the scientific and technical instruments company’s stock worth $539,000 after purchasing an additional 1,100 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

In related news, CFO Neil Dougherty sold 3,999 shares of the stock in a transaction that occurred on Thursday, September 27th. The shares were sold at an average price of $65.57, for a total value of $262,214.43. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.97% of the stock is currently owned by corporate insiders.

Shares of NYSE:KEYS opened at $57.18 on Friday. Keysight Technologies Inc has a twelve month low of $41.33 and a twelve month high of $70.40. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.75 and a current ratio of 2.42. The company has a market capitalization of $10.70 billion, a P/E ratio of 21.22 and a beta of 1.19.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.10. Keysight Technologies had a net margin of 6.50% and a return on equity of 20.58%. The company had revenue of $1 billion for the quarter, compared to the consensus estimate of $961.91 million. During the same quarter in the prior year, the company earned $0.61 EPS. Keysight Technologies’s quarterly revenue was up 20.7% on a year-over-year basis. On average, analysts forecast that Keysight Technologies Inc will post 2.88 earnings per share for the current year.

Several equities analysts have recently issued reports on the stock. Citigroup upped their price objective on shares of Keysight Technologies from $62.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, July 18th. Zacks Investment Research downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. Robert W. Baird upped their price objective on shares of Keysight Technologies from $61.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. Deutsche Bank upped their price objective on shares of Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Finally, Credit Suisse Group upped their price objective on shares of Keysight Technologies from $60.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $71.56.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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

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