Universal Beteiligungs und Servicegesellschaft mbH Purchases New Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 197,626 shares of the scientific and technical instruments company's stock, valued at approximately $31,745,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Keysight Technologies as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn FI LLC purchased a new stake in Keysight Technologies during the fourth quarter valued at about $3,322,000. Cypress Asset Management Inc. TX acquired a new stake in Keysight Technologies during the fourth quarter valued at approximately $252,000. Ascent Group LLC raised its position in shares of Keysight Technologies by 5.2% during the 4th quarter. Ascent Group LLC now owns 9,868 shares of the scientific and technical instruments company's stock worth $1,585,000 after purchasing an additional 487 shares during the period. Mackenzie Financial Corp increased its position in Keysight Technologies by 1.6% in the 4th quarter. Mackenzie Financial Corp now owns 1,755,315 shares of the scientific and technical instruments company's stock valued at $281,956,000 after acquiring an additional 27,179 shares during the period. Finally, Forum Financial Management LP boosted its stake in Keysight Technologies by 24.5% during the 4th quarter. Forum Financial Management LP now owns 1,735 shares of the scientific and technical instruments company's stock valued at $279,000 after purchasing an additional 341 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Morgan Stanley upped their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Finally, Bank of America lifted their target price on Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research note on Thursday, May 22nd. One equities research 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 currently has a consensus rating of "Moderate Buy" and an average target price of $183.00.

Keysight Technologies Stock Down 0.1%

Shares of Keysight Technologies stock traded down $0.13 during trading on Thursday, reaching $158.41. The stock had a trading volume of 973,621 shares, compared to its average volume of 1,135,582. The company has a market capitalization of $27.37 billion, a price-to-earnings ratio of 45.26, a P/E/G ratio of 2.41 and a beta of 1.10. The stock has a fifty day moving average price of $147.83 and a two-hundred 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. 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 (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating analysts' consensus estimates 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 19.22% and a net margin of 12.32%. The company's quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.41 earnings per share. Sell-side analysts predict that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Insider Activity at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,589 shares of Keysight Technologies 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 sale, the director now owns 42,160 shares of the company's stock, valued at approximately $6,829,920. The trade was a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, 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. 0.61% of the stock is owned by company insiders.

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.