Natixis Advisors L.P. boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 42.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 254,553 shares of the scientific and technical instruments company's stock after buying an additional 75,386 shares during the period. Natixis Advisors L.P. owned approximately 0.15% of Keysight Technologies worth $40,496,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ancora Advisors LLC purchased a new position in Keysight Technologies in the third quarter worth about $25,000. OFI Invest Asset Management purchased a new position in Keysight Technologies in the 3rd quarter worth approximately $26,000. Venturi Wealth Management LLC lifted its position in Keysight Technologies by 145.9% in the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company's stock valued at $43,000 after acquiring an additional 159 shares in the last quarter. BluePath Capital Management LLC purchased a new stake in Keysight Technologies during the 3rd quarter valued at $44,000. Finally, Itau Unibanco Holding S.A. increased its holdings in shares of Keysight Technologies by 31.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company's stock worth $45,000 after purchasing an additional 82 shares in the last quarter. Institutional investors own 84.58% of the company's stock.
Analyst Ratings Changes
A number of brokerages have recently issued reports on KEYS. Citigroup upped their price target on Keysight Technologies from $157.00 to $168.00 and gave the company a "buy" rating in a report on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an "overweight" rating to a "neutral" rating and lowered their target price for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Barclays lifted their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $160.63.
Check Out Our Latest Stock Report on KEYS
Insider Buying and Selling at Keysight Technologies
In other news, SVP Kailash Narayanan sold 4,300 shares of the firm's stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the transaction, the senior vice president now owns 29,156 shares of the company's stock, valued at $4,457,369.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.60% of the stock is currently owned by corporate insiders.
Keysight Technologies Stock Performance
Shares of NYSE:KEYS traded up $2.19 during trading on Friday, hitting $149.18. The company's stock had a trading volume of 577,178 shares, compared to its average volume of 1,187,911. The company has a 50-day moving average of $152.59 and a 200-day moving average of $147.36. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44. The firm has a market cap of $26.04 billion, a price-to-earnings ratio of 27.37, a P/E/G ratio of 6.66 and a beta of 1.06. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72.
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 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. The business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The company's revenue was down 8.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.72 EPS. On average, sell-side analysts expect that Keysight Technologies, Inc. will post 5.4 earnings per share for the current year.
About Keysight Technologies
(
Free Report)
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.
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