CHURCHILL MANAGEMENT Corp Purchases Shares of 21,476 Keysight Technologies Inc. (NYSE:KEYS)

CHURCHILL MANAGEMENT Corp purchased a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 21,476 shares of the scientific and technical instruments company's stock, valued at approximately $3,216,000.

Several other large investors have also recently added to or reduced their stakes in the business. SVB Wealth LLC acquired a new stake in shares of Keysight Technologies in the 4th quarter worth about $1,105,000. Smartleaf Asset Management LLC grew its stake in Keysight Technologies by 45.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company's stock valued at $155,000 after buying an additional 300 shares during the last quarter. Modera Wealth Management LLC bought a new position in shares of Keysight Technologies in the fourth quarter worth about $213,000. Jones Financial Companies Lllp lifted its holdings in shares of Keysight Technologies by 44.6% during the 4th quarter. Jones Financial Companies Lllp now owns 52,646 shares of the scientific and technical instruments company's stock worth $8,457,000 after acquiring an additional 16,237 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in Keysight Technologies during the 4th quarter worth $890,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP John Page sold 7,368 shares of the stock in a transaction on 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 sale, the senior vice president owned 36,986 shares in the company, valued at approximately $5,835,651.08. This represents a 16.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Richard P. Hamada sold 1,589 shares of the business's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total value of $257,418.00. Following the completion of the sale, the director owned 42,160 shares in the company, valued at $6,829,920. This represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,830 shares of company stock valued at $5,124,049 in the last ninety days. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Price Performance

KEYS stock traded up $1.16 during mid-day trading on Wednesday, hitting $165.63. 695,697 shares of the stock were exchanged, compared to its average volume of 1,103,688. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.75. The stock has a market capitalization of $28.51 billion, a price-to-earnings ratio of 38.88, a PEG ratio of 2.24 and a beta of 1.09. The business has a fifty day moving average price of $158.39 and a 200 day moving average price of $158.94. Keysight Technologies Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly 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. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The firm's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.41 earnings per share. On average, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Bank of America upped their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. boosted their price target 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, Morgan Stanley raised their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $183.00.

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.