2 weeks Ago By ABMN Staff
Brown Shipley& Co Ltd lowered its position in Keysight Technologies, Inc. ( NYSE:KEYS – Free Report ) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The institutional investor owned 5,842 shares of the scientific and technical instruments company’s stock after selling 219 shares during the quarter. Keysight Technologies makes up about 0.4% of Brown Shipley& Co Ltd’s portfolio, making the stock its 27th biggest position.
Brown Shipley& Co Ltd’s holdings in Keysight Technologies were worth $799,000 at the end of the most recent reporting period. Other institutional investors also recently bought and sold shares of the company. Swedbank AB raised its holdings in shares of Keysight Technologies by 3.
8% in the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after purchasing an additional 151,446 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Keysight Technologies by 53.
2% during the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock valued at $596,059,000 after purchasing an additional 1,323,775 shares in the last quarter. Price T Rowe Associates Inc.
MD increased its holdings in Keysight Technologies by 352.6% during the first quarter. Price T Rowe Associates Inc.
MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after buying an additional 2,462,543 shares during the period. AMF Tjanstepension AB raised its stake in Keysight Technologies by 96.0% in the first quarter.
AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock worth $264,665,000 after buying an additional 828,913 shares in the last quarter. Finally, Capital World Investors purchased a new stake in Keysight Technologies during the first quarter worth $250,097,000. 84.
58% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets KEYS has been the topic of a number of analyst reports. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.
00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America lifted their target price on Keysight Technologies from $135.00 to $150.
00 and gave the company an “underperform” rating in a research note on Wednesday, August 21st. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $155.
00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Robert W.
Baird lowered their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th.
Finally, Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st.
One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $167.67.
Insiders Place Their Bets In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.
00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . 0.60% of the stock is currently owned by insiders.
Keysight Technologies Stock Up 0.0 % KEYS stock opened at $158.70 on Monday.
The stock has a market capitalization of $27.70 billion, a PE ratio of 34.58, a price-to-earnings-growth ratio of 5.
11 and a beta of 0.97. Keysight Technologies, Inc.
has a 52 week low of $118.57 and a 52 week high of $162.51.
The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.
23. The firm has a 50 day moving average of $142.96 and a 200 day moving average of $144.
79. Keysight Technologies ( NYSE:KEYS – Get Free Report ) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.
57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22.
The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion.
Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%.
The business’s quarterly revenue was down 11.9% on a year-over-year basis. During the same quarter last year, the company posted $2.
04 earnings per share. Sell-side analysts forecast that Keysight Technologies, Inc. will post 5.
38 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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