Tredje AP fonden Has $16.42 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Tredje AP fonden raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 10.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,089 shares of the scientific and technical instruments company’s stock after acquiring an additional 11,570 shares during the period. Tredje AP fonden’s holdings in Keysight Technologies were worth $16,422,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Rise Advisors LLC bought a new position in shares of Keysight Technologies in the first quarter worth $25,000. Meeder Asset Management Inc. acquired a new stake in Keysight Technologies during the second quarter worth about $27,000. Family Firm Inc. bought a new position in Keysight Technologies in the 2nd quarter valued at about $30,000. Larson Financial Group LLC acquired a new position in shares of Keysight Technologies in the 1st quarter valued at approximately $31,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 184 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Up 0.7 %

Shares of NYSE:KEYS opened at $150.49 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The business’s 50-day moving average is $141.06 and its 200-day moving average is $144.82. The company has a market capitalization of $26.27 billion, a price-to-earnings ratio of 32.79, a P/E/G ratio of 5.03 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last issued 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 analyst estimates 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 was down 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.04 earnings per share. Equities research analysts predict that Keysight Technologies, Inc. will post 5.35 earnings per share for the current 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 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 sale, the director now directly owns 42,160 shares in the company, valued at $6,576,960. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on KEYS shares. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Vertical Research initiated coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target for the company. Susquehanna dropped their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $167.67.

Keysight Technologies Company 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.