Quest Partners LLC Buys 1,675 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Quest Partners LLC increased its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 20.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,860 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,675 shares during the period. Quest Partners LLC’s holdings in Keysight Technologies were worth $1,567,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of KEYS. Swedbank AB increased its stake 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 buying an additional 151,446 shares during the period. Natixis Advisors LLC raised its holdings in Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Capital International Sarl acquired a new position in Keysight Technologies during the 1st quarter valued at about $2,434,000. Janney Montgomery Scott LLC boosted its stake in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its position in shares of Keysight Technologies by 172.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after buying an additional 26,577 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, August 26th. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Susquehanna cut their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. Vertical Research started coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. Finally, StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Keysight Technologies Stock Up 0.5 %

Keysight Technologies stock opened at $152.16 on Wednesday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $166.28. 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 company has a 50 day moving average of $155.38 and a 200-day moving average of $145.97. The stock has a market capitalization of $26.41 billion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 4.38 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.22. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter last year, the business posted $2.04 EPS. On average, equities research analysts anticipate that Keysight Technologies, Inc. will post 5.48 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This trade represents a 3.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by corporate 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.