Brooklyn FI LLC Acquires New Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Brooklyn FI LLC purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 20,608 shares of the scientific and technical instruments company's stock, valued at approximately $3,322,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of KEYS. Venturi Wealth Management LLC grew its position in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after buying an additional 133 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of 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 worth $44,000 after acquiring an additional 191 shares during the last quarter. Quarry LP raised its position in 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 purchasing an additional 284 shares in the last quarter. Huntington National Bank boosted its holdings in shares of 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. Finally, Principal Securities Inc. increased its position in shares of Keysight Technologies by 45.0% during the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after purchasing an additional 259 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value 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. This trade represents a 3.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Richard P. Hamada sold 1,589 shares of the business's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total value of $257,418.00. Following the sale, the director now owns 42,160 shares of the company's stock, valued at approximately $6,829,920. This represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Stock Down 0.1%

Shares of KEYS traded down $0.13 during mid-day trading on Thursday, reaching $158.41. The company had a trading volume of 973,621 shares, compared to its average volume of 1,135,582. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market capitalization of $27.37 billion, a price-to-earnings ratio of 45.26, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The firm has a 50-day moving average price of $147.83 and a 200 day moving average price of $159.63. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

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

Wall Street Analysts Forecast Growth

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

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.