Thompson Davis & CO. Inc. Acquires New Position in Keysight Technologies, Inc. (NYSE:KEYS)

Thompson Davis & CO. Inc. bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,300 shares of the scientific and technical instruments company’s stock, valued at approximately $207,000.

A number of other hedge funds have also bought and sold shares of KEYS. O Shaughnessy Asset Management LLC lifted its holdings in shares of Keysight Technologies by 39.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 6,785 shares of the scientific and technical instruments company’s stock worth $1,061,000 after purchasing an additional 1,912 shares during the period. Natixis lifted its stake in Keysight Technologies by 10.9% during the 1st quarter. Natixis now owns 17,675 shares of the scientific and technical instruments company’s stock valued at $2,764,000 after acquiring an additional 1,743 shares during the period. MQS Management LLC purchased a new stake in shares of Keysight Technologies in the 1st quarter valued at $244,000. Evermay Wealth Management LLC increased its stake in shares of Keysight Technologies by 18,700.0% in the first quarter. Evermay Wealth Management LLC now owns 376 shares of the scientific and technical instruments company’s stock worth $59,000 after acquiring an additional 374 shares during the period. Finally, EP Wealth Advisors LLC raised its holdings in shares of Keysight Technologies by 3.9% during the first quarter. EP Wealth Advisors LLC now owns 340,015 shares of the scientific and technical instruments company’s stock worth $53,172,000 after purchasing an additional 12,920 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Vertical Research started coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Robert W. Baird reduced their price target on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Bank of America boosted their price target on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Finally, StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Keysight Technologies Stock Up 0.5 %

KEYS stock opened at $152.16 on Wednesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week 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 firm has a 50-day simple moving average of $155.38 and a 200-day simple moving average of $145.97. The stock has a market capitalization of $26.41 billion, a P/E ratio of 29.26, a P/E/G ratio of 4.38 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating 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 return on equity of 21.01% and a net margin of 18.24%. The business’s revenue was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.04 earnings per share. Equities analysts forecast that Keysight Technologies, Inc. will post 5.48 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction that occurred 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 transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 3.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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.