Sciencast Management LP Buys Shares of 5,050 Keysight Technologies, Inc. (NYSE:KEYS)

Sciencast Management LP purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,050 shares of the scientific and technical instruments company’s stock, valued at approximately $735,000.

Several other institutional investors also recently added to or reduced their stakes in KEYS. Mutual Advisors LLC increased its holdings in Keysight Technologies by 2.2% in the 4th quarter. Mutual Advisors LLC now owns 3,337 shares of the scientific and technical instruments company’s stock valued at $441,000 after purchasing an additional 71 shares during the last quarter. NEXT Financial Group Inc raised its holdings in shares of Keysight Technologies by 3.6% in the 1st quarter. NEXT Financial Group Inc now owns 2,420 shares of the scientific and technical instruments company’s stock valued at $347,000 after buying an additional 85 shares during the period. MUFG Americas Holdings Corp raised its holdings in shares of Keysight Technologies by 16.1% in the 1st quarter. MUFG Americas Holdings Corp now owns 626 shares of the scientific and technical instruments company’s stock valued at $90,000 after buying an additional 87 shares during the period. HighPoint Advisor Group LLC boosted its holdings in Keysight Technologies by 3.5% during the 1st quarter. HighPoint Advisor Group LLC now owns 3,063 shares of the scientific and technical instruments company’s stock valued at $448,000 after acquiring an additional 104 shares during the period. Finally, Insight Wealth Strategies LLC increased its stake in Keysight Technologies by 5.3% during the fourth quarter. Insight Wealth Strategies LLC now owns 2,196 shares of the scientific and technical instruments company’s stock worth $290,000 after purchasing an additional 110 shares during the period. 84.14% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $149.00 target price on the stock in a research note on Monday, February 22nd. Credit Suisse Group upped their price objective on Keysight Technologies from $125.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, February 25th. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $155.00 to $158.00 and gave the company a “hold” rating in a report on Monday, May 24th. Finally, Robert W. Baird restated a “buy” rating on shares of Keysight Technologies in a report on Sunday, May 23rd. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $149.82.

In other Keysight Technologies news, Director Richard P. Hamada sold 1,631 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, May 26th. The stock was sold at an average price of $140.50, for a total transaction of $229,155.50. Following the transaction, the director now owns 42,160 shares of the company’s stock, valued at $5,923,480. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Ingrid A. Estrada sold 5,475 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, June 9th. The stock was sold at an average price of $149.14, for a total value of $816,541.50. Following the transaction, the senior vice president now directly owns 88,626 shares in the company, valued at approximately $13,217,681.64. The disclosure for this sale can be found here. Insiders have sold a total of 9,596 shares of company stock worth $1,399,725 over the last quarter. 0.52% of the stock is owned by company insiders.

Shares of NYSE KEYS opened at $148.94 on Friday. The stock’s 50-day simple moving average is $143.45. The firm has a market cap of $27.70 billion, a price-to-earnings ratio of 37.33, a PEG ratio of 2.55 and a beta of 0.92. Keysight Technologies, Inc. has a fifty-two week low of $90.62 and a fifty-two week high of $155.50. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.50.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, May 18th. The scientific and technical instruments company reported $1.44 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.10. Keysight Technologies had a net margin of 16.21% and a return on equity of 28.46%. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the company earned $0.78 earnings per share. The firm’s revenue for the quarter was up 36.4% on a year-over-year basis. On average, sell-side analysts forecast that Keysight Technologies, Inc. will post 5.31 earnings per share for the current year.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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