Headlands Technologies LLC Invests $95,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Headlands Technologies LLC acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 720 shares of the scientific and technical instruments company’s stock, valued at approximately $95,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company’s stock valued at $3,214,409,000 after acquiring an additional 153,857 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Keysight Technologies by 1.6% during the 2nd quarter. BlackRock Inc. now owns 17,693,221 shares of the scientific and technical instruments company’s stock valued at $2,962,730,000 after buying an additional 270,252 shares in the last quarter. State Street Corp raised its holdings in shares of Keysight Technologies by 1.9% during the 2nd quarter. State Street Corp now owns 8,029,013 shares of the scientific and technical instruments company’s stock valued at $1,344,458,000 after buying an additional 150,464 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Keysight Technologies by 13.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,845,261 shares of the scientific and technical instruments company’s stock valued at $811,339,000 after buying an additional 581,148 shares in the last quarter. Finally, Mackenzie Financial Corp raised its holdings in shares of Keysight Technologies by 3.6% during the 3rd quarter. Mackenzie Financial Corp now owns 3,912,631 shares of the scientific and technical instruments company’s stock valued at $513,728,000 after buying an additional 136,818 shares in the last quarter. Hedge funds and other institutional investors own 81.72% of the company’s stock.

Keysight Technologies Trading Up 0.2 %

KEYS opened at $161.52 on Monday. The stock has a market cap of $28.21 billion, a PE ratio of 27.28, a PEG ratio of 4.50 and a beta of 1.08. The company has a quick ratio of 1.87, a current ratio of 2.35 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average of $153.85 and a 200-day moving average of $141.48. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $189.32.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its earnings results on Monday, November 20th. The scientific and technical instruments company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.12. The company had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Keysight Technologies had a return on equity of 28.98% and a net margin of 19.34%. The firm’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.02 EPS. Equities research analysts predict that Keysight Technologies, Inc. will post 6.36 earnings per share for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 7,275 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $134.90, for a total value of $981,397.50. Following the completion of the transaction, the chief executive officer now owns 116,277 shares in the company, valued at $15,685,767.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Satish Dhanasekaran sold 7,275 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $134.90, for a total value of $981,397.50. Following the completion of the transaction, the chief executive officer now owns 116,277 shares in the company, valued at $15,685,767.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald S. Nersesian sold 29,672 shares of the business’s stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $159.82, for a total value of $4,742,179.04. Following the completion of the transaction, the director now owns 296,619 shares of the company’s stock, valued at approximately $47,405,648.58. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 76,402 shares of company stock worth $11,764,950. 0.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of research reports. StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Citigroup reduced their price target on Keysight Technologies from $174.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, November 13th. Barclays reduced their price target on Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 21st. Robert W. Baird lifted their price objective on Keysight Technologies from $155.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 21st. Finally, TheStreet upgraded Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.18.

Get Our Latest Report on KEYS

Keysight Technologies Company Profile

(Free Report)

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.

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

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