Commonwealth Equity Services LLC Boosts Stock Holdings in Keysight Technologies Inc (NYSE:KEYS)

Commonwealth Equity Services LLC raised its holdings in Keysight Technologies Inc (NYSE:KEYS) by 63.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,483 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,860 shares during the period. Commonwealth Equity Services LLC’s holdings in Keysight Technologies were worth $1,213,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Squar Milner Financial Services LLC increased its stake in shares of Keysight Technologies by 328.4% in the third quarter. Squar Milner Financial Services LLC now owns 317 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 243 shares in the last quarter. Cornerstone Advisors Inc. purchased a new position in shares of Keysight Technologies in the second quarter worth about $30,000. Flagship Harbor Advisors LLC increased its stake in shares of Keysight Technologies by 165.7% in the third quarter. Flagship Harbor Advisors LLC now owns 372 shares of the scientific and technical instruments company’s stock worth $36,000 after purchasing an additional 232 shares in the last quarter. CWM LLC increased its stake in shares of Keysight Technologies by 69.3% in the third quarter. CWM LLC now owns 381 shares of the scientific and technical instruments company’s stock worth $37,000 after purchasing an additional 156 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new position in shares of Keysight Technologies in the second quarter worth about $35,000. Hedge funds and other institutional investors own 86.50% of the company’s stock.

In related news, SVP Jay Alexander sold 18,067 shares of the business’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $94.01, for a total transaction of $1,698,478.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Satish Dhanasekaran sold 2,600 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $96.56, for a total transaction of $251,056.00. Following the transaction, the senior vice president now directly owns 33,140 shares of the company’s stock, valued at approximately $3,199,998.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,167 shares of company stock valued at $2,299,535. 0.65% of the stock is owned by corporate insiders.

Several research firms have recently weighed in on KEYS. Susquehanna Bancshares began coverage on shares of Keysight Technologies in a research note on Friday, October 18th. They issued a “positive” rating and a $115.00 target price for the company. Barclays began coverage on shares of Keysight Technologies in a research note on Wednesday, August 7th. They issued an “overweight” rating and a $103.00 target price for the company. Robert W. Baird upgraded shares of Keysight Technologies from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $82.00 to $100.00 in a research note on Thursday, August 22nd. Goldman Sachs Group downgraded shares of Keysight Technologies from a “buy” rating to a “neutral” rating and set a $86.00 target price for the company. in a research note on Sunday, July 21st. Finally, Deutsche Bank reiterated a “buy” rating and issued a $115.00 target price (up previously from $110.00) on shares of Keysight Technologies in a research note on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $100.70.

Shares of NYSE:KEYS opened at $106.65 on Thursday. The company has a 50 day moving average of $99.54 and a 200 day moving average of $90.93. The stock has a market cap of $19.74 billion, a P/E ratio of 35.55, a P/E/G ratio of 2.28 and a beta of 1.27. Keysight Technologies Inc has a 12 month low of $53.21 and a 12 month high of $107.18. The company has a current ratio of 2.05, a quick ratio of 1.56 and a debt-to-equity ratio of 0.44.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Wednesday, August 21st. The scientific and technical instruments company reported $1.17 EPS for the quarter, beating the consensus estimate of $0.95 by $0.22. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Keysight Technologies had a net margin of 7.38% and a return on equity of 28.65%. Keysight Technologies’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.89 earnings per share. On average, equities analysts forecast that Keysight Technologies Inc will post 4.23 earnings per share for the current fiscal year.

Keysight Technologies 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.

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

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