Raymond James Trust N.A. bought a new stake in Keysight Technologies Inc (NYSE:KEYS) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 3,720 shares of the scientific and technical instruments company’s stock, valued at approximately $325,000.

Other large investors have also recently added to or reduced their stakes in the company. Retirement Systems of Alabama increased its stake in shares of Keysight Technologies by 1.1% during the 1st quarter. Retirement Systems of Alabama now owns 87,424 shares of the scientific and technical instruments company’s stock valued at $7,623,000 after acquiring an additional 974 shares during the last quarter. W.E. Donoghue & Co. LLC acquired a new position in shares of Keysight Technologies during the 1st quarter valued at about $2,743,000. Scout Investments Inc. increased its stake in shares of Keysight Technologies by 3.0% during the 1st quarter. Scout Investments Inc. now owns 932,667 shares of the scientific and technical instruments company’s stock valued at $81,329,000 after acquiring an additional 27,239 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Keysight Technologies during the 1st quarter valued at about $200,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Keysight Technologies during the 1st quarter valued at about $222,000. Institutional investors own 89.25% of the company’s stock.

KEYS opened at $89.84 on Friday. The company has a market cap of $16.89 billion, a P/E ratio of 29.95 and a beta of 1.17. Keysight Technologies Inc has a 1 year low of $50.59 and a 1 year high of $92.99. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.36.

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

In other Keysight Technologies news, SVP Mark Adam Wallace sold 4,775 shares of the 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Neil Dougherty sold 42,133 shares of the 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 completion of the sale, the chief financial officer now directly owns 77,217 shares of the company’s stock, valued at approximately $6,551,862.45. The disclosure for this sale can be found here. In the last three months, insiders have sold 99,707 shares of company stock valued at $8,455,884. Corporate insiders own 0.65% of the company’s stock.

A number of research firms have recently commented on KEYS. Stifel Nicolaus upped their price objective on shares of Keysight Technologies from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Dougherty & Co reissued a “sell” rating on shares of Keysight Technologies in a research report on Friday, March 1st. Jefferies Financial Group increased their target price on shares of Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. TheStreet raised shares of Keysight Technologies from a “c+” rating to an “a-” rating in a research report on Thursday, February 21st. Finally, Deutsche Bank increased their target price on shares of Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $86.11.

WARNING: This article was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another site, it was illegally copied and reposted in violation of US and international copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/raymond-james-trust-n-a-buys-shares-of-3720-keysight-technologies-inc-keys/2979353.html.

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.

Read More: Lock-Up Period Expiration

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc (NYSE:KEYS).

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.