Tredje AP fonden Purchases 11,570 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Tredje AP fonden lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 10.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,089 shares of the scientific and technical instruments company’s stock after purchasing an additional 11,570 shares during the quarter. Tredje AP fonden owned 0.07% of Keysight Technologies worth $16,422,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rise Advisors LLC bought a new stake in Keysight Technologies during the 1st quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies in the 2nd quarter valued at $27,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth $30,000. Larson Financial Group LLC bought a new position in Keysight Technologies during the 1st quarter worth about $31,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Price Performance

NYSE:KEYS opened at $150.49 on Wednesday. The company has a market cap of $26.27 billion, a P/E ratio of 32.79, a P/E/G ratio of 5.03 and a beta of 0.97. The firm’s fifty day moving average price is $141.06 and its two-hundred day moving average price is $144.82. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $162.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. Keysight Technologies’s quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.04 EPS. Equities analysts expect that Keysight Technologies, Inc. will post 5.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on KEYS. Susquehanna reduced their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Vertical Research started coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $167.67.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies Profile

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.