Raymond James & Associates Has $30.41 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Raymond James & Associates cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 76.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 191,164 shares of the scientific and technical instruments company's stock after selling 620,663 shares during the quarter. Raymond James & Associates owned approximately 0.11% of Keysight Technologies worth $30,412,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Lazard Asset Management LLC increased its holdings in Keysight Technologies by 45.5% during the third quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company's stock worth $37,390,000 after buying an additional 88,406 shares during the last quarter. Coldstream Capital Management Inc. grew its stake in Keysight Technologies by 5.7% during the third quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company's stock valued at $368,000 after acquiring an additional 151 shares in the last quarter. Nordea Investment Management AB grew its stake in Keysight Technologies by 27.6% during the third quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company's stock valued at $96,209,000 after acquiring an additional 155,226 shares in the last quarter. Archford Capital Strategies LLC grew its stake in Keysight Technologies by 3.9% during the fourth quarter. Archford Capital Strategies LLC now owns 3,352 shares of the scientific and technical instruments company's stock valued at $533,000 after acquiring an additional 125 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in Keysight Technologies by 1,588.0% during the third quarter. Van ECK Associates Corp now owns 1,159,449 shares of the scientific and technical instruments company's stock valued at $153,406,000 after acquiring an additional 1,090,763 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.60% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on KEYS shares. JPMorgan Chase & Co. cut shares of Keysight Technologies from an "overweight" rating to a "neutral" rating and reduced their price objective for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. TheStreet upgraded shares of Keysight Technologies from a "c+" rating to a "b-" rating in a research report on Wednesday, December 13th. Citigroup lifted their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a "buy" rating in a research report on Wednesday, February 21st. Finally, Barclays lifted their target price on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $160.63.

Keysight Technologies Trading Up 0.3 %

NYSE KEYS traded up $0.54 during trading on Friday, hitting $156.38. The company had a trading volume of 1,322,553 shares, compared to its average volume of 1,272,145. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72. The company has a market cap of $27.30 billion, a price-to-earnings ratio of 28.69, a price-to-earnings-growth ratio of 7.17 and a beta of 1.05. The company's fifty day moving average is $154.39 and its 200-day moving average is $143.84.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the business earned $1.72 EPS. The company's revenue for the quarter was down 8.8% on a year-over-year basis. On average, sell-side analysts predict that Keysight Technologies, Inc. will post 5.39 earnings per share for the current year.

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.