Hudson Capital Management LLC Grows Stake in Keysight Technologies Inc (KEYS)

Hudson Capital Management LLC grew its holdings in Keysight Technologies Inc (NYSE:KEYS) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,532 shares of the scientific and technical instruments company’s stock after purchasing an additional 983 shares during the quarter. Hudson Capital Management LLC’s holdings in Keysight Technologies were worth $1,275,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Ipswich Investment Management Co. Inc. purchased a new position in shares of Keysight Technologies during the fourth quarter valued at approximately $37,000. ELM Advisors LLC purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $101,000. TLP Group LLC purchased a new position in shares of Keysight Technologies during the third quarter valued at approximately $106,000. Qube Research & Technologies Ltd purchased a new position in shares of Keysight Technologies during the second quarter valued at approximately $120,000. Finally, Smithfield Trust Co. lifted its stake in shares of Keysight Technologies by 2,786.7% during the third quarter. Smithfield Trust Co. now owns 2,165 shares of the scientific and technical instruments company’s stock valued at $143,000 after buying an additional 2,090 shares during the period. Institutional investors and hedge funds own 85.81% of the company’s stock.

In other news, SVP Stephen D. Williams sold 17,752 shares of the firm’s stock in a transaction on Friday, November 23rd. The shares were sold at an average price of $57.16, for a total value of $1,014,704.32. Following the transaction, the senior vice president now owns 56,986 shares of the company’s stock, valued at approximately $3,257,319.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Satish Dhanasekaran sold 1,354 shares of the firm’s stock in a transaction on Wednesday, December 19th. The shares were sold at an average price of $61.54, for a total transaction of $83,325.16. Following the completion of the transaction, the senior vice president now directly owns 29,337 shares in the company, valued at approximately $1,805,398.98. The disclosure for this sale can be found here. In the last three months, insiders sold 249,925 shares of company stock worth $14,923,747. Insiders own 0.97% of the company’s stock.

NYSE:KEYS traded up $0.37 during trading hours on Wednesday, reaching $68.88. 61,748 shares of the company were exchanged, compared to its average volume of 1,357,963. The company has a quick ratio of 1.20, a current ratio of 1.63 and a debt-to-equity ratio of 0.53. The company has a market cap of $12.63 billion, a P/E ratio of 22.99 and a beta of 1.00. Keysight Technologies Inc has a 52-week low of $42.13 and a 52-week high of $70.40.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a net margin of 4.25% and a return on equity of 22.80%. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm posted $0.71 EPS. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. Research analysts forecast that Keysight Technologies Inc will post 3.5 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on the stock. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 28th. Jefferies Financial Group increased their price target on shares of Keysight Technologies from $74.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, November 21st. Stifel Nicolaus assumed coverage on shares of Keysight Technologies in a research note on Monday, October 22nd. They set a “buy” rating and a $73.00 price target on the stock. Goldman Sachs Group raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating in a research note on Thursday, October 18th. Finally, TheStreet downgraded shares of Keysight Technologies from an “a-” rating to a “c+” rating in a research note on Tuesday, November 20th. Ten investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $71.22.

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Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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

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