Keysight Technologies, Inc. (NYSE:KEYS) Stake Increased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 339.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,613 shares of the scientific and technical instruments company’s stock after buying an additional 52,244 shares during the quarter. International Assets Investment Management LLC’s holdings in Keysight Technologies were worth $10,757,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Ancora Advisors LLC purchased a new position in Keysight Technologies in the third quarter valued at about $25,000. OFI Invest Asset Management acquired a new position in Keysight Technologies in the third quarter worth approximately $26,000. Venturi Wealth Management LLC raised its position in Keysight Technologies by 145.9% during the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 159 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in Keysight Technologies in the third quarter valued at approximately $44,000. Finally, Itau Unibanco Holding S.A. grew its position in Keysight Technologies by 31.5% in the third quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after acquiring an additional 82 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

NYSE KEYS opened at $149.18 on Monday. The stock has a market capitalization of $26.04 billion, a PE ratio of 27.37, a P/E/G ratio of 6.76 and a beta of 1.06. The stock has a 50-day simple moving average of $152.59 and a 200 day simple moving average of $147.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $172.72.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.04. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.25 billion. During the same period in the prior year, the business earned $1.72 earnings per share. Keysight Technologies’s revenue for the quarter was down 8.8% compared to the same quarter last year. Research analysts anticipate that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Insider Transactions at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on KEYS shares. Citigroup lifted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Barclays boosted their price target on Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research report on Wednesday, February 21st. Finally, JPMorgan Chase & Co. lowered Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $160.63.

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.