Keysight Technologies Inc (KEYS) Position Lifted by KBC Group NV

KBC Group NV increased its position in Keysight Technologies Inc (NYSE:KEYS) by 74.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,154 shares of the scientific and technical instruments company’s stock after buying an additional 7,768 shares during the quarter. KBC Group NV’s holdings in Keysight Technologies were worth $1,127,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of KEYS. Ipswich Investment Management Co. Inc. bought a new position in shares of Keysight Technologies during the 4th quarter valued at about $37,000. Private Capital Group LLC boosted its holdings in shares of Keysight Technologies by 364.8% during the 4th quarter. Private Capital Group LLC now owns 818 shares of the scientific and technical instruments company’s stock valued at $51,000 after purchasing an additional 642 shares during the last quarter. CWM LLC bought a new position in shares of Keysight Technologies during the 4th quarter valued at about $67,000. Pendal Group Ltd bought a new position in shares of Keysight Technologies during the 4th quarter valued at about $101,000. Finally, TLP Group LLC bought a new position in shares of Keysight Technologies during the 3rd quarter valued at about $106,000. 87.47% of the stock is owned by institutional investors.

Shares of NYSE:KEYS opened at $78.32 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.63 and a debt-to-equity ratio of 0.53. Keysight Technologies Inc has a 12 month low of $43.64 and a 12 month high of $78.91. The stock has a market capitalization of $14.43 billion, a P/E ratio of 26.11 and a beta of 1.13.

Keysight Technologies (NYSE:KEYS) last announced its quarterly 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 firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm earned $0.71 EPS. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. On average, sell-side analysts forecast that Keysight Technologies Inc will post 3.5 earnings per share for the current year.

In related news, SVP Stephen D. Williams sold 17,752 shares of the stock in a transaction dated 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 sale, the senior vice president now directly owns 56,986 shares of the company’s stock, valued at approximately $3,257,319.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Satish Dhanasekaran sold 1,354 shares of the stock in a transaction dated Wednesday, December 19th. The stock was sold at an average price of $61.54, for a total transaction of $83,325.16. Following the completion of the sale, the senior vice president now directly owns 29,337 shares in the company, valued at $1,805,398.98. The disclosure for this sale can be found here. In the last ninety days, insiders sold 249,925 shares of company stock valued at $14,923,747. 0.65% of the stock is owned by insiders.

KEYS has been the subject of several research reports. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, December 28th. Jefferies Financial Group increased their price objective on shares of Keysight Technologies from $74.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, November 21st. Stifel Nicolaus started coverage on shares of Keysight Technologies in a report on Monday, October 22nd. They set a “buy” rating and a $73.00 price objective for the company. Goldman Sachs Group raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating in a report on Thursday, October 18th. Finally, Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a report on Tuesday, February 5th. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $73.00.

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Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation 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 optical laser source solutions, 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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