Bessemer Group Inc. Raises Stock Holdings in Keysight Technologies Inc. (NYSE:KEYS)

Bessemer Group Inc. increased its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 1.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,440,773 shares of the scientific and technical instruments company's stock after acquiring an additional 23,336 shares during the quarter. Bessemer Group Inc. owned approximately 0.83% of Keysight Technologies worth $215,785,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of KEYS. Kovitz Investment Group Partners LLC increased its position in shares of Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after purchasing an additional 3,650,953 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after buying an additional 3,621,349 shares during the period. Norges Bank purchased a new stake in Keysight Technologies during the fourth quarter worth about $320,707,000. Point72 Asset Management L.P. increased its holdings in Keysight Technologies by 343.6% during the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock worth $161,946,000 after buying an additional 780,893 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in Keysight Technologies by 36,268.6% in the first quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock valued at $112,424,000 after acquiring an additional 748,583 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analyst Ratings Changes

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

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $164.69 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.75 and a current ratio of 3.39. Keysight Technologies Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The stock has a market cap of $28.34 billion, a PE ratio of 38.66, a price-to-earnings-growth ratio of 2.19 and a beta of 1.09. The stock has a fifty day moving average of $154.86 and a 200-day moving average of $159.05.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the firm earned $1.41 EPS. The company's quarterly revenue was up 7.4% compared to the same quarter last year. Equities research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the sale, the senior vice president now owns 108,590 shares of the company's stock, valued at approximately $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP John Page sold 7,368 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $1,162,523.04. Following the completion of the transaction, the senior vice president now owns 36,986 shares in the company, valued at $5,835,651.08. This represents a 16.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,247 shares of company stock valued at $3,676,420. Company insiders own 0.61% of the company's stock.

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.

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