Wealth Enhancement Advisory Services LLC Increases Position in Keysight Technologies Inc. (NYSE:KEYS)

Wealth Enhancement Advisory Services LLC grew its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 19.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,730 shares of the scientific and technical instruments company's stock after buying an additional 2,106 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Keysight Technologies were worth $1,906,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in KEYS. NorthCrest Asset Manangement LLC lifted its holdings in shares of Keysight Technologies by 5.8% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 3,386 shares of the scientific and technical instruments company's stock worth $507,000 after acquiring an additional 186 shares during the last quarter. Willis Investment Counsel boosted its position in shares of Keysight Technologies by 0.6% during the first quarter. Willis Investment Counsel now owns 76,063 shares of the scientific and technical instruments company's stock worth $11,392,000 after buying an additional 452 shares during the period. Ferguson Wellman Capital Management Inc. grew its stake in shares of Keysight Technologies by 3.3% in the first quarter. Ferguson Wellman Capital Management Inc. now owns 10,024 shares of the scientific and technical instruments company's stock valued at $1,501,000 after buying an additional 319 shares in the last quarter. Fifth Third Bancorp raised its holdings in shares of Keysight Technologies by 1.1% in the 1st quarter. Fifth Third Bancorp now owns 16,279 shares of the scientific and technical instruments company's stock valued at $2,438,000 after buying an additional 178 shares during the period. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Keysight Technologies by 365.3% in the 1st quarter. Assenagon Asset Management S.A. now owns 101,362 shares of the scientific and technical instruments company's stock valued at $15,181,000 after buying an additional 79,578 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on KEYS. Morgan Stanley lifted their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, Bank of America raised 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. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $183.00.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,589 shares of the stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total value of $257,418.00. Following the transaction, the director directly owned 42,160 shares of the company's stock, valued at $6,829,920. This trade represents a 3.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP John Page sold 7,368 shares of the company's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the completion of the transaction, the senior vice president owned 36,986 shares of the company's stock, valued at $5,835,651.08. This represents a 16.61% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,615 shares of company stock worth $3,113,460 over the last 90 days. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Up 0.4%

Shares of Keysight Technologies stock traded up $0.58 during trading on Tuesday, hitting $164.44. 948,116 shares of the stock were exchanged, compared to its average volume of 1,103,631. 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 firm's 50-day moving average price is $157.25 and its 200 day moving average price is $158.86. The stock has a market cap of $28.30 billion, a price-to-earnings ratio of 27.68, a price-to-earnings-growth ratio of 2.23 and a beta of 1.09. 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 released its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts' expectations of $1.28 billion. During the same period in the prior year, the firm posted $1.41 EPS. The business's quarterly revenue was up 7.4% compared to the same quarter last year. As a group, analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

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.