Capital Fund Management S.A. Grows Holdings in Keysight Technologies Inc. (KEYS)

Capital Fund Management S.A. grew its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 34.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,678 shares of the scientific and technical instruments company’s stock after purchasing an additional 47,600 shares during the quarter. Capital Fund Management S.A. owned about 0.10% of Keysight Technologies worth $7,190,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AXA increased its holdings in shares of Keysight Technologies by 38.3% during the 2nd quarter. AXA now owns 22,796 shares of the scientific and technical instruments company’s stock worth $887,000 after buying an additional 6,312 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Keysight Technologies by 327.0% during the 2nd quarter. Wells Fargo & Company MN now owns 533,505 shares of the scientific and technical instruments company’s stock worth $20,769,000 after buying an additional 408,576 shares during the last quarter. CIBC World Markets Inc. acquired a new stake in shares of Keysight Technologies during the 2nd quarter worth approximately $376,000. Commonwealth Bank of Australia increased its holdings in shares of Keysight Technologies by 71.7% during the 2nd quarter. Commonwealth Bank of Australia now owns 24,900 shares of the scientific and technical instruments company’s stock worth $969,000 after buying an additional 10,400 shares during the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of Keysight Technologies by 6.3% during the 2nd quarter. Schroder Investment Management Group now owns 192,537 shares of the scientific and technical instruments company’s stock worth $7,432,000 after buying an additional 11,472 shares during the last quarter. 88.07% of the stock is currently owned by institutional investors and hedge funds.

KEYS has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Citigroup Inc. raised their price target on shares of Keysight Technologies from $44.00 to $49.00 and gave the stock a “buy” rating in a report on Wednesday, June 7th. 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. Credit Suisse Group raised their price target on shares of Keysight Technologies from $45.50 to $49.00 and gave the stock an “outperform” rating in a report on Thursday, August 31st. Finally, Bank of America Corporation restated a “buy” rating and set a $47.00 price target on shares of Keysight Technologies in a report on Friday, June 2nd. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $46.60.

Keysight Technologies Inc. (KEYS) traded up 1.16% during mid-day trading on Monday, reaching $40.08. 39,478 shares of the company traded hands. The stock has a 50-day moving average of $41.13 and a 200 day moving average of $38.86. The stock has a market capitalization of $7.43 billion, a PE ratio of 20.37 and a beta of 1.15. Keysight Technologies Inc. has a 52-week low of $29.25 and a 52-week high of $43.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.54 by $0.07. The company had revenue of $832 million for the quarter, compared to the consensus estimate of $862.38 million. Keysight Technologies had a net margin of 7.58% and a return on equity of 20.85%. Keysight Technologies’s revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 earnings per share. Equities research analysts expect that Keysight Technologies Inc. will post $2.47 earnings per share for the current year.

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In other news, SVP Jay Alexander sold 11,663 shares of the stock in a transaction on Friday, June 23rd. The shares were sold at an average price of $38.50, for a total value of $449,025.50. Following the completion of the sale, the senior vice president now owns 48,407 shares of the company’s stock, valued at $1,863,669.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John C. Skinner sold 15,058 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 425,835 shares of company stock worth $16,381,392. 1.23% of the stock is currently owned by insiders.

About Keysight Technologies

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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