Mackenzie Financial Corp Purchases 27,179 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Mackenzie Financial Corp lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,755,315 shares of the scientific and technical instruments company's stock after purchasing an additional 27,179 shares during the quarter. Mackenzie Financial Corp owned approximately 1.02% of Keysight Technologies worth $281,956,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC raised its position in shares of 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 acquiring an additional 133 shares during the last quarter. Sunbelt Securities Inc. raised 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 worth $44,000 after purchasing an additional 191 shares during the last quarter. Quarry LP raised its holdings in Keysight Technologies by 188.1% during the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after purchasing an additional 284 shares during the last quarter. Huntington National Bank boosted its stake 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 valued at $127,000 after purchasing an additional 216 shares during the last quarter. Finally, Principal Securities Inc. grew 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 worth $134,000 after buying an additional 259 shares during the period. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Price Performance

Shares of KEYS traded up $0.18 during midday trading on Thursday, reaching $158.72. The stock had a trading volume of 394,892 shares, compared to its average volume of 1,134,241. The company has a market capitalization of $27.43 billion, a price-to-earnings ratio of 45.35, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company's 50-day moving average is $147.83 and its 200 day moving average is $159.67.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The company's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.41 EPS. On average, equities analysts predict that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Insider Activity

In other Keysight Technologies news, Director Richard P. Hamada sold 1,589 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total transaction of $257,418.00. Following the sale, the director now directly owns 42,160 shares in the company, valued at $6,829,920. This represents a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction that occurred on Thursday, March 27th. The shares were 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 approximately $17,834,765. This represents a 3.06% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KEYS shares. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Bank of America lifted their price objective on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research note on Thursday, May 22nd. Wells Fargo & Company increased 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. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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.