Garde Capital Inc. Continues to Hold Stake in Keysight Technologies Inc. (KEYS)

Garde Capital Inc. continued to hold its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 6,933 shares of the scientific and technical instruments company’s stock at the end of the second quarter. Garde Capital Inc.’s holdings in Keysight Technologies were worth $270,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Two Sigma Investments LP acquired a new position in shares of Keysight Technologies during the fourth quarter valued at approximately $349,000. AQR Capital Management LLC increased its stake in Keysight Technologies by 78.5% in the fourth quarter. AQR Capital Management LLC now owns 28,657 shares of the scientific and technical instruments company’s stock valued at $1,048,000 after buying an additional 12,604 shares in the last quarter. Teachers Advisors LLC increased its stake in Keysight Technologies by 16.1% in the fourth quarter. Teachers Advisors LLC now owns 204,204 shares of the scientific and technical instruments company’s stock valued at $7,468,000 after buying an additional 28,248 shares in the last quarter. Macquarie Group Ltd. increased its stake in Keysight Technologies by 0.3% in the fourth quarter. Macquarie Group Ltd. now owns 158,425 shares of the scientific and technical instruments company’s stock valued at $5,794,000 after buying an additional 500 shares in the last quarter. Finally, Leith Wheeler Investment Counsel Ltd. purchased a new stake in Keysight Technologies during the first quarter valued at about $1,214,000. 85.57% of the stock is currently owned by institutional investors.

Keysight Technologies Inc. (KEYS) traded down 1.08% during trading on Friday, reaching $40.39. The company’s stock had a trading volume of 714,385 shares. Keysight Technologies Inc. has a 52 week low of $29.25 and a 52 week high of $43.15. The firm has a 50-day moving average price of $41.35 and a 200-day moving average price of $38.59. The firm has a market capitalization of $7.49 billion, a P/E ratio of 20.52 and a beta of 1.15.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, June 6th. The scientific and technical instruments company reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.12. The company had revenue of $758 million for the quarter, compared to analyst estimates of $748.59 million. Keysight Technologies had a net margin of 11.61% and a return on equity of 22.62%. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period last year, the business posted $0.61 earnings per share. On average, equities analysts anticipate that Keysight Technologies Inc. will post $2.48 EPS for the current fiscal year.

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Several research firms have recently issued reports on KEYS. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Citigroup Inc. upped their target price on Keysight Technologies from $44.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, June 7th. Zacks Investment Research raised Keysight Technologies from a “sell” rating to a “hold” rating in a research report on Monday, April 24th. Bank of America Corporation reissued a “buy” rating and issued a $47.00 target price on shares of Keysight Technologies in a research report on Friday, June 2nd. Finally, Wells Fargo & Company reaffirmed an “outperform” rating on shares of Keysight Technologies in a research report on Tuesday, July 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $45.90.

In other Keysight Technologies news, Director Charles J. Dockendorff purchased 13,210 shares of the stock in a transaction on Friday, June 9th. The shares were purchased at an average cost of $37.81 per share, for a total transaction of $499,470.10. Following the purchase, the director now owns 51,800 shares of the company’s stock, valued at $1,958,558. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Michael Gasparian sold 2,677 shares of Keysight Technologies stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $41.66, for a total transaction of $111,523.82. Following the completion of the transaction, the senior vice president now directly owns 65,926 shares of the company’s stock, valued at approximately $2,746,477.16. The disclosure for this sale can be found here. Over the last quarter, insiders sold 461,554 shares of company stock worth $17,749,840. Company insiders own 1.23% of the company’s stock.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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

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