Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYSGet Rating) by 1.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,743 shares of the scientific and technical instruments company’s stock after purchasing an additional 385 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Keysight Technologies were worth $3,687,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in KEYS. Alphinity Investment Management Pty Ltd boosted its position in Keysight Technologies by 56.6% during the 2nd quarter. Alphinity Investment Management Pty Ltd now owns 1,386,055 shares of the scientific and technical instruments company’s stock worth $191,068,000 after acquiring an additional 501,149 shares during the period. Findlay Park Partners LLP raised its stake in shares of Keysight Technologies by 101.1% in the 1st quarter. Findlay Park Partners LLP now owns 894,865 shares of the scientific and technical instruments company’s stock worth $141,362,000 after buying an additional 449,957 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Keysight Technologies by 42.5% in the 1st quarter. Bank of America Corp DE now owns 1,494,603 shares of the scientific and technical instruments company’s stock worth $236,101,000 after buying an additional 445,846 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Keysight Technologies by 492.2% in the 2nd quarter. Assenagon Asset Management S.A. now owns 508,378 shares of the scientific and technical instruments company’s stock worth $70,080,000 after buying an additional 422,538 shares in the last quarter. Finally, BlackRock Inc. raised its stake in shares of Keysight Technologies by 1.9% in the 1st quarter. BlackRock Inc. now owns 18,230,643 shares of the scientific and technical instruments company’s stock worth $2,879,895,000 after buying an additional 334,181 shares in the last quarter. Institutional investors and hedge funds own 81.87% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $171.90 on Monday. Keysight Technologies, Inc. has a 1-year low of $127.93 and a 1-year high of $209.08. The company has a current ratio of 3.02, a quick ratio of 2.38 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $30.74 billion, a price-to-earnings ratio of 27.82, a P/E/G ratio of 2.07 and a beta of 1.06. The stock’s fifty day simple moving average is $165.10 and its 200-day simple moving average is $155.37.

Keysight Technologies (NYSE:KEYSGet Rating) last issued its quarterly earnings results on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.15. Keysight Technologies had a return on equity of 33.20% and a net margin of 20.74%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $1.71 earnings per share. Keysight Technologies’s revenue for the quarter was up 11.5% compared to the same quarter last year. On average, sell-side analysts predict that Keysight Technologies, Inc. will post 7.55 earnings per share for the current fiscal year.

Insider Activity

In other news, SVP John Page sold 6,910 shares of Keysight Technologies stock in a transaction on Friday, September 30th. The stock was sold at an average price of $161.48, for a total transaction of $1,115,826.80. Following the transaction, the senior vice president now owns 57,201 shares in the company, valued at $9,236,817.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.52% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on KEYS. StockNews.com began coverage on Keysight Technologies in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. Barclays boosted their price objective on Keysight Technologies from $151.00 to $179.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 18th. Robert W. Baird boosted their price objective on Keysight Technologies from $169.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, August 18th. Morgan Stanley cut their target price on Keysight Technologies from $172.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Monday, November 14th. Finally, Wells Fargo & Company initiated coverage on Keysight Technologies in a research report on Thursday, November 3rd. They set an “overweight” rating and a $200.00 target price on the stock. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.64.

Keysight Technologies Company Profile

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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

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