Cypress Capital Management LLC cut its stake in shares of Keysight Technologies Inc (NYSE:KEYS) by 1.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 74,190 shares of the scientific and technical instruments company’s stock after selling 1,071 shares during the quarter. Cypress Capital Management LLC’s holdings in Keysight Technologies were worth $6,469,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Atlas Capital Advisors LLC acquired a new position in Keysight Technologies during the 1st quarter worth approximately $29,000. Kaizen Advisory LLC acquired a new position in Keysight Technologies during the 4th quarter worth approximately $32,000. Sun Life Financial INC acquired a new position in Keysight Technologies during the 4th quarter worth approximately $32,000. First Personal Financial Services acquired a new position in Keysight Technologies during the 1st quarter worth approximately $46,000. Finally, Parkside Financial Bank & Trust raised its stake in Keysight Technologies by 41.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 154 shares during the period. 88.55% of the stock is currently owned by hedge funds and other institutional investors.

A number of research analysts recently weighed in on KEYS shares. Zacks Investment Research downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Jefferies Financial Group boosted their price objective on Keysight Technologies to $100.00 and gave the stock a “buy” rating in a report on Tuesday, February 26th. TheStreet raised Keysight Technologies from a “c+” rating to an “a-” rating in a report on Thursday, February 21st. Deutsche Bank boosted their price objective on Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Finally, Stifel Nicolaus boosted their price objective on Keysight Technologies from $87.00 to $100.00 and gave the stock a “buy” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $88.33.

KEYS traded up $0.19 during midday trading on Wednesday, reaching $83.98. 6,661 shares of the company were exchanged, compared to its average volume of 1,515,412. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.36 and a current ratio of 1.82. The firm has a market capitalization of $15.75 billion, a P/E ratio of 27.94 and a beta of 1.14. Keysight Technologies Inc has a one year low of $52.55 and a one year high of $93.77.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.09. The company had revenue of $1.01 billion during 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%. On average, equities analysts forecast that Keysight Technologies Inc will post 3.66 earnings per share for the current year.

In other news, SVP Ingrid A. Estrada sold 30,786 shares of the company’s stock in a transaction that occurred on Wednesday, February 27th. The stock was sold at an average price of $84.81, for a total value of $2,610,960.66. Following the completion of the transaction, the senior vice president now directly owns 107,445 shares of the company’s stock, valued at $9,112,410.45. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Mark Adam Wallace sold 4,775 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $85.65, for a total value of $408,978.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 99,707 shares of company stock valued at $8,455,884. 0.65% of the stock is currently owned by corporate insiders.

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About Keysight Technologies

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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