Ameritas Investment Partners Inc. Increases Holdings in Keysight Technologies Inc. (KEYS)

Ameritas Investment Partners Inc. boosted its stake in Keysight Technologies Inc. (NYSE:KEYS) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,272 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,354 shares during the period. Ameritas Investment Partners Inc.’s holdings in Keysight Technologies were worth $2,152,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in KEYS. Eagle Asset Management Inc. bought a new stake in shares of Keysight Technologies in the second quarter valued at approximately $27,072,000. Morgan Stanley grew its stake in Keysight Technologies by 101.4% during the first quarter. Morgan Stanley now owns 1,077,679 shares of the scientific and technical instruments company’s stock valued at $38,949,000 after acquiring an additional 542,528 shares in the last quarter. Denali Advisors LLC grew its stake in Keysight Technologies by 9.7% during the second quarter. Denali Advisors LLC now owns 97,500 shares of the scientific and technical instruments company’s stock valued at $3,796,000 after acquiring an additional 8,600 shares in the last quarter. Legal & General Group Plc grew its stake in Keysight Technologies by 5.5% during the second quarter. Legal & General Group Plc now owns 759,042 shares of the scientific and technical instruments company’s stock valued at $29,549,000 after acquiring an additional 39,617 shares in the last quarter. Finally, Wells Fargo & Company MN grew its stake in Keysight Technologies by 327.0% during the second quarter. Wells Fargo & Company MN now owns 533,505 shares of the scientific and technical instruments company’s stock valued at $20,769,000 after acquiring an additional 408,576 shares in the last quarter. 88.06% of the stock is currently owned by institutional investors and hedge funds.

In other Keysight Technologies news, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ronald S. Nersesian sold 58,931 shares of Keysight Technologies stock in a transaction on Monday, October 9th. The stock was sold at an average price of $41.64, for a total transaction of $2,453,886.84. The disclosure for this sale can be found here. Insiders have sold 76,666 shares of company stock valued at $3,179,626 over the last ninety days. 1.23% of the stock is owned by insiders.

Shares of Keysight Technologies Inc. (NYSE:KEYS) traded up 0.38% during midday trading on Friday, hitting $42.69. 63,928 shares of the stock were exchanged. The company has a market capitalization of $7.94 billion, a P/E ratio of 32.56 and a beta of 1.15. Keysight Technologies Inc. has a 1-year low of $31.32 and a 1-year high of $43.15. The firm has a 50-day moving average of $40.91 and a 200-day moving average of $39.43.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.54 by $0.07. The company had revenue of $832.00 million during the quarter, compared to analyst estimates of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. Keysight Technologies’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.63 earnings per share. On average, equities analysts expect that Keysight Technologies Inc. will post $2.47 EPS for the current year.

TRADEMARK VIOLATION WARNING: This story was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this story on another site, it was illegally copied and reposted in violation of international copyright laws. The original version of this story can be viewed at https://www.com-unik.info/2017/10/13/ameritas-investment-partners-inc-increases-holdings-in-keysight-technologies-inc-keys.html.

Several brokerages recently commented on KEYS. Robert W. Baird reaffirmed a “buy” rating and set a $48.00 price objective on shares of Keysight Technologies in a research note on Friday, October 6th. BidaskClub cut shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, September 27th. ValuEngine cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Citigroup Inc. reissued a “buy” rating and issued a $50.00 price target (up previously from $49.00) on shares of Keysight Technologies in a research note on Friday, September 1st. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $40.00 price target on shares of Keysight Technologies in a research note on Friday, September 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $47.11.

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)

What are top analysts saying about Keysight Technologies Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Keysight Technologies Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit