Prospera Private Wealth LLC Purchases Shares of 359 Keysight Technologies, Inc. (NYSE:KEYS)

Prospera Private Wealth LLC acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 359 shares of the scientific and technical instruments company’s stock, valued at approximately $57,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Thompson Davis & CO. Inc. acquired a new position in Keysight Technologies in the third quarter valued at about $207,000. West Family Investments Inc. bought a new position in shares of Keysight Technologies in the third quarter valued at approximately $304,000. PNC Financial Services Group Inc. boosted its holdings in shares of Keysight Technologies by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock worth $8,522,000 after acquiring an additional 187 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $3,274,000. Finally, Caprock Group LLC increased its holdings in Keysight Technologies by 10.2% during the 3rd quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock valued at $486,000 after purchasing an additional 284 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on KEYS. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday. Robert W. Baird increased their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday. Barclays boosted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Up 2.7 %

NYSE:KEYS opened at $169.99 on Friday. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $170.52. The stock’s fifty day simple moving average is $155.72 and its 200-day simple moving average is $146.10. The firm has a market capitalization of $29.50 billion, a P/E ratio of 48.57, a P/E/G ratio of 4.46 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 19.34% and a net margin of 12.32%. The company’s revenue was down 11.9% compared to the same quarter last year. During the same quarter last year, the business earned $2.04 earnings per share. Equities research analysts expect that Keysight Technologies, Inc. will post 6.18 earnings per share for the current year.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.