Old Mutual Global Investors UK Ltd. acquired a new position in shares of Keysight Technologies Inc. (NYSE:KEYS) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,000 shares of the scientific and technical instruments company’s stock, valued at approximately $666,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Keysight Technologies by 2.3% during the 2nd quarter. Vanguard Group Inc. now owns 15,255,095 shares of the scientific and technical instruments company’s stock worth $593,881,000 after acquiring an additional 348,208 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Keysight Technologies by 4.5% during the 2nd quarter. BlackRock Inc. now owns 15,193,717 shares of the scientific and technical instruments company’s stock worth $591,492,000 after acquiring an additional 650,968 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Keysight Technologies by 1.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,398,950 shares of the scientific and technical instruments company’s stock worth $288,041,000 after acquiring an additional 78,628 shares in the last quarter. State Street Corp raised its holdings in shares of Keysight Technologies by 5.4% during the 2nd quarter. State Street Corp now owns 5,051,783 shares of the scientific and technical instruments company’s stock worth $196,669,000 after acquiring an additional 258,368 shares in the last quarter. Finally, Marshall Wace North America L.P. raised its holdings in Keysight Technologies by 23.2% during the 2nd quarter. Marshall Wace North America L.P. now owns 4,516,498 shares of the scientific and technical instruments company’s stock valued at $176,143,000 after buying an additional 849,245 shares during the period. 87.99% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Inc. (NYSE KEYS) opened at $44.56 on Friday. The company has a market capitalization of $8,245.17, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 2.27 and a beta of 1.17. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.75 and a quick ratio of 2.04. Keysight Technologies Inc. has a 12-month low of $33.78 and a 12-month high of $45.65.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.07. The company had revenue of $832.00 million for the quarter, compared to the consensus estimate of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. Keysight Technologies’s quarterly revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.63 EPS. equities research analysts expect that Keysight Technologies Inc. will post 2.2 earnings per share for the current fiscal year.

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In other Keysight Technologies news, VP John C. Skinner sold 15,058 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $40.79, for a total value of $614,215.82. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Ronald S. Nersesian sold 58,931 shares of the company’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $41.64, for a total value of $2,453,886.84. The disclosure for this sale can be found here. Corporate insiders own 1.23% of the company’s stock.

KEYS has been the topic of several recent research reports. Credit Suisse Group increased their price target on Keysight Technologies from $45.50 to $49.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Robert W. Baird restated a “buy” rating and set a $47.00 price target on shares of Keysight Technologies in a report on Friday, August 25th. Citigroup Inc. restated a “buy” rating and set a $50.00 price target (up previously from $49.00) on shares of Keysight Technologies in a report on Friday, September 1st. Stifel Nicolaus restated a “hold” rating and set a $40.00 price target on shares of Keysight Technologies in a report on Friday, September 1st. Finally, Barclays PLC initiated coverage on Keysight Technologies in a report on Monday, August 7th. They set an “overweight” rating and a $50.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Keysight Technologies presently has a consensus rating of “Buy” and an average price target of $47.33.

Keysight Technologies Company Profile

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test 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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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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