Moody National Bank Trust Division Makes New $273,000 Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Moody National Bank Trust Division purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYSGet Rating) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,981 shares of the scientific and technical instruments company’s stock, valued at approximately $273,000.

A number of other large investors have also made changes to their positions in KEYS. BlackRock Inc. grew its stake in shares of Keysight Technologies by 8.9% during the 4th quarter. BlackRock Inc. now owns 17,896,462 shares of the scientific and technical instruments company’s stock valued at $3,695,798,000 after purchasing an additional 1,463,852 shares during the period. Norges Bank bought a new stake in shares of Keysight Technologies during the 4th quarter valued at about $233,400,000. Findlay Park Partners LLP grew its stake in shares of Keysight Technologies by 101.1% during the 1st quarter. Findlay Park Partners LLP now owns 894,865 shares of the scientific and technical instruments company’s stock valued at $141,362,000 after purchasing an additional 449,957 shares during the period. Bank of America Corp DE grew its stake in shares of Keysight Technologies by 42.5% during the 1st quarter. Bank of America Corp DE now owns 1,494,603 shares of the scientific and technical instruments company’s stock valued at $236,101,000 after purchasing an additional 445,846 shares during the period. Finally, Marshall Wace LLP grew its stake in shares of Keysight Technologies by 1,288.0% during the 4th quarter. Marshall Wace LLP now owns 299,535 shares of the scientific and technical instruments company’s stock valued at $61,855,000 after acquiring an additional 277,954 shares during the period. 81.87% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In related news, Director Kevin A. Stephens purchased 500 shares of the firm’s stock in a transaction that occurred on Thursday, June 30th. The shares were bought at an average price of $136.91 per share, for a total transaction of $68,455.00. Following the acquisition, the director now owns 3,626 shares of the company’s stock, valued at approximately $496,435.66. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.55% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KEYS shares. Citigroup boosted their price objective on Keysight Technologies from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $190.00 to $193.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. JPMorgan Chase & Co. lowered their price target on Keysight Technologies from $200.00 to $176.00 and set an “overweight” rating on the stock in a report on Thursday, July 14th. UBS Group lowered their price target on Keysight Technologies from $220.00 to $177.00 and set a “buy” rating on the stock in a report on Friday, June 17th. Finally, Barclays boosted their price target on Keysight Technologies from $151.00 to $179.00 and gave the stock an “equal weight” rating in a report on Thursday, August 18th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $196.23.

Keysight Technologies Stock Down 0.9 %

Shares of KEYS opened at $164.46 on Wednesday. The stock has a market capitalization of $29.40 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 2.19 and a beta of 1.09. Keysight Technologies, Inc. has a 1 year low of $127.93 and a 1 year high of $209.08. The business’s 50 day simple moving average is $163.19 and its 200-day simple moving average is $151.21. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.02 and a quick ratio of 2.38.

Keysight Technologies (NYSE:KEYSGet Rating) last issued its quarterly earnings data on Wednesday, August 17th. The scientific and technical instruments company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.24. Keysight Technologies had a return on equity of 32.13% and a net margin of 21.00%. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the prior year, the firm earned $1.46 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. As a group, equities analysts expect that Keysight Technologies, Inc. will post 6.85 earnings per share for the current fiscal year.

Keysight Technologies Profile

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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

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