Keysight Technologies Inc (KEYS) Position Cut by Isthmus Partners LLC
Isthmus Partners LLC decreased its position in shares of Keysight Technologies Inc (NASDAQ:KEYS) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 217,621 shares of the company’s stock after selling 1,690 shares during the period. Keysight Technologies comprises about 2.2% of Isthmus Partners LLC’s investment portfolio, making the stock its 8th largest position. Isthmus Partners LLC owned 0.13% of Keysight Technologies worth $6,801,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of KEYS. Great West Life Assurance Co. Can increased its stake in Keysight Technologies by 549.6% in the third quarter. Great West Life Assurance Co. Can now owns 1,003,529 shares of the company’s stock worth $31,762,000 after buying an additional 849,042 shares during the last quarter. Denali Advisors LLC increased its position in Keysight Technologies by 11.4% in the third quarter. Denali Advisors LLC now owns 160,200 shares of the company’s stock valued at $5,077,000 after buying an additional 16,400 shares during the period. General American Investors Co. Inc. increased its position in Keysight Technologies by 92.9% in the third quarter. General American Investors Co. Inc. now owns 127,900 shares of the company’s stock valued at $4,053,000 after buying an additional 61,600 shares during the period. Virginia Retirement Systems ET AL purchased a new position in Keysight Technologies during the third quarter valued at $688,000. Finally, World Asset Management Inc increased its position in Keysight Technologies by 29.0% in the third quarter. World Asset Management Inc now owns 12,149 shares of the company’s stock valued at $385,000 after buying an additional 2,728 shares during the period.
Shares of Keysight Technologies Inc (NASDAQ:KEYS) traded up 1.38% during mid-day trading on Friday, hitting $36.85. 59,571 shares of the stock were exchanged. The company has a market capitalization of $6.32 billion and a PE ratio of 18.90. The firm has a 50-day moving average price of $36.56 and a 200 day moving average price of $32.24. Keysight Technologies Inc has a 12-month low of $21.07 and a 12-month high of $38.28.
Keysight Technologies (NASDAQ:KEYS) last issued its quarterly earnings results on Thursday, November 17th. The company reported $0.64 earnings per share for the quarter, hitting the consensus estimate of $0.64. The business had revenue of $751 million for the quarter, compared to the consensus estimate of $736.94 million. Keysight Technologies’s revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.71 earnings per share. On average, equities research analysts expect that Keysight Technologies Inc will post $2.47 earnings per share for the current year.
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Several research analysts have recently weighed in on the stock. Deutsche Bank AG set a $40.00 target price on shares of Keysight Technologies and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research downgraded shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Friday, November 25th. Finally, TheStreet raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Monday, October 17th.
In related news, SVP Michael Gasparian sold 2,692 shares of the firm’s stock in a transaction on Monday, November 21st. The shares were sold at an average price of $35.90, for a total value of $96,642.80. Following the completion of the transaction, the senior vice president now directly owns 65,703 shares of the company’s stock, valued at $2,358,737.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
About Keysight Technologies
Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement 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.
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