Sequoia Financial Advisors LLC Raises Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Sequoia Financial Advisors LLC lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1,613.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,928 shares of the scientific and technical instruments company's stock after acquiring an additional 30,065 shares during the quarter. Sequoia Financial Advisors LLC's holdings in Keysight Technologies were worth $5,079,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ancora Advisors LLC acquired a new stake in Keysight Technologies during the third quarter valued at $25,000. OFI Invest Asset Management purchased a new position in Keysight Technologies during the third quarter valued at $26,000. Quarry LP purchased a new position in Keysight Technologies during the second quarter valued at $27,000. VitalStone Financial LLC purchased a new position in shares of Keysight Technologies in the first quarter worth about $35,000. Finally, Vestor Capital LLC acquired a new stake in Keysight Technologies during the second quarter worth about $40,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Wall Street Analyst Weigh In

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

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction 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 $4,457,369.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.60% of the company's stock.

Keysight Technologies Stock Performance

KEYS traded up $3.11 during trading hours on Thursday, hitting $160.16. 1,457,465 shares of the stock were exchanged, compared to its average volume of 1,237,091. The stock has a 50-day simple moving average of $154.61 and a 200-day simple moving average of $145.30. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of 7.19 and a beta of 1.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.04. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The company's quarterly revenue was down 8.8% compared to the same quarter last year. During the same period last year, the company earned $1.72 earnings per share. Analysts anticipate that Keysight Technologies, Inc. will post 5.4 earnings per share for the current 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.