Huntington National Bank Has $49,000 Position in Keysight Technologies Inc (KEYS)

Huntington National Bank decreased its holdings in Keysight Technologies Inc (NYSE:KEYS) by 28.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 564 shares of the scientific and technical instruments company’s stock after selling 219 shares during the period. Huntington National Bank’s holdings in Keysight Technologies were worth $49,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the stock. Nordea Investment Management AB lifted its stake in Keysight Technologies by 33.7% in the fourth quarter. Nordea Investment Management AB now owns 8,793 shares of the scientific and technical instruments company’s stock worth $546,000 after purchasing an additional 2,215 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Keysight Technologies in the fourth quarter worth about $230,000. Bank of Montreal Can lifted its stake in Keysight Technologies by 1,000.7% in the fourth quarter. Bank of Montreal Can now owns 135,282 shares of the scientific and technical instruments company’s stock worth $8,398,000 after purchasing an additional 122,992 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in Keysight Technologies by 59.6% in the fourth quarter. State of Alaska Department of Revenue now owns 31,132 shares of the scientific and technical instruments company’s stock worth $1,932,000 after purchasing an additional 11,631 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Keysight Technologies by 77.5% during the third quarter. Jane Street Group LLC now owns 10,806 shares of the scientific and technical instruments company’s stock valued at $716,000 after acquiring an additional 4,717 shares in the last quarter. 89.25% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies stock opened at $88.30 on Thursday. The company has a market cap of $17.02 billion, a PE ratio of 29.43 and a beta of 1.17. The company has a quick ratio of 1.36, a current ratio of 1.82 and a debt-to-equity ratio of 0.49. Keysight Technologies Inc has a fifty-two week low of $50.59 and a fifty-two week high of $92.99.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.09. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $978.22 million. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. On average, sell-side analysts predict that Keysight Technologies Inc will post 3.66 EPS for the current year.

In related news, CFO Neil Dougherty sold 42,133 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, February 27th. The shares were sold at an average price of $84.85, for a total transaction of $3,574,985.05. Following the transaction, the chief financial officer now directly owns 77,217 shares of the company’s stock, valued at $6,551,862.45. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Jay Alexander sold 17,342 shares of Keysight Technologies stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $84.52, for a total transaction of $1,465,745.84. Following the transaction, the senior vice president now directly owns 78,720 shares in the company, valued at $6,653,414.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 99,707 shares of company stock worth $8,455,884. 0.65% of the stock is currently owned by corporate insiders.

KEYS has been the subject of several research analyst reports. ValuEngine raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 28th. Zacks Investment Research downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, January 30th. Citigroup raised shares of Keysight Technologies to a “top pick” rating and set a $100.00 price target for the company in a research note on Friday, February 22nd. Credit Suisse Group lifted their price target on shares of Keysight Technologies from $75.00 to $90.00 and gave the company an “outperform” rating in a research note on Friday, February 22nd. Finally, Deutsche Bank lifted their price target on shares of Keysight Technologies to $100.00 and gave the company a “buy” rating in a research note on Friday, February 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $86.11.

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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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