Stephens Investment Management Group LLC Raises Stake in Keysight Technologies Inc. (NYSE:KEYS)

Stephens Investment Management Group LLC increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 6.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 73,754 shares of the scientific and technical instruments company's stock after buying an additional 4,744 shares during the quarter. Stephens Investment Management Group LLC's holdings in Keysight Technologies were worth $11,046,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in KEYS. Vanguard Group Inc. increased its position in Keysight Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock valued at $3,352,932,000 after acquiring an additional 55,223 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of 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 worth $2,588,546,000 after purchasing an additional 3,621,349 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of Keysight Technologies by 364.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after purchasing an additional 3,650,953 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Keysight Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after purchasing an additional 17,213 shares during the period. Finally, Boston Partners grew its position in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after buying an additional 704,920 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of KEYS traded down $0.20 on Monday, reaching $163.49. The stock had a trading volume of 612,137 shares, compared to its average volume of 1,002,460. Keysight Technologies Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market capitalization of $28.14 billion, a PE ratio of 38.38, a PEG ratio of 2.23 and a beta of 1.09. The firm has a 50-day moving average of $160.78 and a 200 day moving average of $158.78. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46.

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 the consensus estimate of $1.65 by $0.05. The company had revenue of $1.32 billion for 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%. Keysight Technologies's revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.41 earnings per share. Sell-side analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Analysts Set New Price Targets

KEYS has been the subject of a number of analyst reports. 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. Bank of America raised their price objective 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 boosted 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. Finally, JPMorgan Chase & Co. raised their price target on Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $183.00.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction 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 completion of the transaction, the director owned 42,160 shares of the company's stock, valued at approximately $6,829,920. This trade represents a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Neil Dougherty sold 12,215 shares of the business's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares of the company's stock, valued at approximately $18,966,528.80. This trade represents a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 31,830 shares of company stock valued at $5,124,049. 0.61% of the stock is owned by company insiders.

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.