Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. increased its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 365.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,362 shares of the scientific and technical instruments company's stock after acquiring an additional 79,578 shares during the quarter. Assenagon Asset Management S.A. owned about 0.06% of Keysight Technologies worth $15,181,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Central Pacific Bank Trust Division boosted its position in shares of Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after acquiring an additional 90 shares during the last quarter. Venturi Wealth Management LLC boosted its position in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after buying an additional 133 shares during the period. Sunbelt Securities Inc. increased its holdings in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock valued at $44,000 after purchasing an additional 191 shares during the period. Quarry LP raised its holdings in shares of Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock valued at $70,000 after acquiring an additional 284 shares in the last quarter. Finally, Huntington National Bank raised its holdings in Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after purchasing an additional 216 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Activity at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Satish Dhanasekaran sold 658 shares of the company's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $157.78, for a total value of $103,819.24. Following the transaction, the chief executive officer now directly owns 115,576 shares in the company, valued at $18,235,581.28. This represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,247 shares of company stock valued at $2,086,720 over the last ninety days. 0.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of research reports. Bank of America boosted their target price on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a report on Thursday, May 22nd. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Robert W. Baird increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Finally, Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and an average price target of $183.00.

Keysight Technologies Trading Up 2.5%

Shares of Keysight Technologies stock traded up $3.88 during trading on Monday, hitting $162.07. The stock had a trading volume of 815,314 shares, compared to its average volume of 1,118,913. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm's fifty day simple moving average is $152.04 and its 200-day simple moving average is $159.40. The stock has a market cap of $27.89 billion, a PE ratio of 46.31, a PEG ratio of 2.41 and a beta of 1.09. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the company posted $1.41 earnings per share. The company's quarterly revenue was up 7.4% compared to the same quarter last year. As a group, sell-side analysts expect that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies Company 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.