Keysight Technologies Inc (KEYS) Holdings Increased by State of Alaska Department of Revenue

State of Alaska Department of Revenue raised its holdings in Keysight Technologies Inc (NYSE:KEYS) by 10.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,376 shares of the scientific and technical instruments company’s stock after buying an additional 3,244 shares during the quarter. State of Alaska Department of Revenue’s holdings in Keysight Technologies were worth $2,996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Boyd Watterson Asset Management LLC OH lifted its stake in shares of Keysight Technologies by 20.4% in the 1st quarter. Boyd Watterson Asset Management LLC OH now owns 5,910 shares of the scientific and technical instruments company’s stock valued at $515,000 after purchasing an additional 1,000 shares in the last quarter. Contravisory Investment Management Inc. acquired a new position in shares of Keysight Technologies in the 1st quarter valued at about $409,000. Biltmore Wealth Management LLC acquired a new position in shares of Keysight Technologies in the 1st quarter valued at about $482,000. Dorsey Wright & Associates acquired a new position in shares of Keysight Technologies in the 1st quarter valued at about $4,673,000. Finally, Deutsche Bank AG lifted its stake in shares of Keysight Technologies by 88.1% in the 4th quarter. Deutsche Bank AG now owns 1,757,954 shares of the scientific and technical instruments company’s stock valued at $109,130,000 after purchasing an additional 823,501 shares in the last quarter. Institutional investors own 89.25% of the company’s stock.

Keysight Technologies stock opened at $91.70 on Tuesday. The company has a market cap of $17.26 billion, a P/E ratio of 30.57 and a beta of 1.17. The company has a current ratio of 1.82, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. Keysight Technologies Inc has a one year low of $50.59 and a one year high of $92.99.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.72 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $978.22 million. Keysight Technologies had a return on equity of 25.15% and a net margin of 4.57%. Sell-side analysts expect that Keysight Technologies Inc will post 3.66 EPS for the current year.

In other Keysight Technologies news, SVP Jay Alexander sold 17,342 shares of Keysight Technologies stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $84.52, for a total transaction of $1,465,745.84. Following the sale, the senior vice president now directly owns 78,720 shares in the company, valued at approximately $6,653,414.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Neil Dougherty sold 42,133 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, February 27th. The stock was sold at an average price of $84.85, for a total value of $3,574,985.05. Following the sale, the chief financial officer now owns 77,217 shares in the company, valued at $6,551,862.45. The disclosure for this sale can be found here. Insiders have sold a total of 99,707 shares of company stock worth $8,455,884 over the last 90 days. 0.65% of the stock is owned by company insiders.

KEYS has been the topic of several research analyst reports. Zacks Investment Research lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Jefferies Financial Group boosted their price target on Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 28th. TheStreet raised Keysight Technologies from a “c+” rating to an “a-” rating in a research report on Thursday, February 21st. Finally, Stifel Nicolaus boosted their price target on Keysight Technologies from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $86.11.

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Keysight Technologies Company 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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