675 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Planned Solutions Inc.

Planned Solutions Inc. acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, HoldingsChannel reports. The fund acquired 675 shares of the scientific and technical instruments company’s stock, valued at approximately $107,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Lazard Asset Management LLC raised its position in Keysight Technologies by 45.5% during the third quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock valued at $37,390,000 after acquiring an additional 88,406 shares in the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Keysight Technologies by 5.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company’s stock worth $368,000 after acquiring an additional 151 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Keysight Technologies by 27.6% in the 3rd quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company’s stock worth $96,209,000 after purchasing an additional 155,226 shares during the last quarter. Van ECK Associates Corp grew its holdings in Keysight Technologies by 1,588.0% during the third quarter. Van ECK Associates Corp now owns 1,159,449 shares of the scientific and technical instruments company’s stock valued at $153,406,000 after purchasing an additional 1,090,763 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Keysight Technologies by 30.0% in the third quarter. Envestnet Asset Management Inc. now owns 405,600 shares of the scientific and technical instruments company’s stock worth $53,665,000 after buying an additional 93,499 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the topic of several recent analyst reports. Barclays lifted their target price on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 21st. Citigroup increased their price objective on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their target price for the stock from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, TheStreet upgraded shares of Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $160.63.

Keysight Technologies Stock Up 2.3 %

Shares of NYSE KEYS opened at $155.84 on Thursday. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. The business has a fifty day moving average of $154.25 and a two-hundred day moving average of $143.50. The stock has a market cap of $27.20 billion, a PE ratio of 28.59, a PEG ratio of 6.98 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the previous year, the business earned $1.72 earnings per share. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. As a group, equities research analysts expect that Keysight Technologies, Inc. will post 5.39 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.