359 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Prospera Private Wealth LLC

Prospera Private Wealth LLC purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 359 shares of the scientific and technical instruments company’s stock, valued at approximately $57,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. American National Bank & Trust acquired a new stake in shares of Keysight Technologies during the third quarter worth $31,000. Meeder Asset Management Inc. purchased a new stake in Keysight Technologies during the second quarter valued at about $27,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies in the second quarter worth about $30,000. GPS Wealth Strategies Group LLC increased its position in shares of Keysight Technologies by 262.9% in the second 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 in the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Keysight Technologies by 842.4% during the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 278 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS stock opened at $169.99 on Friday. The firm has a 50 day moving average of $155.72 and a two-hundred day moving average of $146.10. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $170.52. The company has a market capitalization of $29.50 billion, a price-to-earnings ratio of 48.57, a P/E/G ratio of 4.46 and a beta of 0.98. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22. The company 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 19.34% and a net margin of 12.32%. The business’s revenue was down 11.9% compared to the same quarter last year. During the same period last year, the company earned $2.04 earnings per share. As a group, equities analysts anticipate that Keysight Technologies, Inc. will post 6.18 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on KEYS shares. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America increased their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday. Susquehanna reaffirmed a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday. Finally, Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $177.30.

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.