International Assets Investment Management LLC Purchases 52,244 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

International Assets Investment Management LLC increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 339.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 67,613 shares of the scientific and technical instruments company’s stock after buying an additional 52,244 shares during the quarter. International Assets Investment Management LLC’s holdings in Keysight Technologies were worth $10,757,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Itau Unibanco Holding S.A. lifted its position in Keysight Technologies by 31.5% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after buying an additional 82 shares in the last quarter. Guinness Asset Management LTD boosted its position in Keysight Technologies by 2.8% during the third quarter. Guinness Asset Management LTD now owns 3,192 shares of the scientific and technical instruments company’s stock valued at $422,000 after purchasing an additional 88 shares during the last quarter. Princeton Capital Management LLC grew its stake in Keysight Technologies by 1.6% in the third quarter. Princeton Capital Management LLC now owns 6,488 shares of the scientific and technical instruments company’s stock valued at $858,000 after purchasing an additional 104 shares in the last quarter. Legacy Wealth Asset Management LLC increased its position in shares of Keysight Technologies by 7.1% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 1,603 shares of the scientific and technical instruments company’s stock worth $212,000 after purchasing an additional 106 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Keysight Technologies by 0.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 20,159 shares of the scientific and technical instruments company’s stock worth $2,667,000 after purchasing an additional 122 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Up 1.5 %

Shares of KEYS opened at $149.18 on Monday. The firm has a market cap of $26.04 billion, a P/E ratio of 27.37, a price-to-earnings-growth ratio of 6.76 and a beta of 1.06. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.44 and a current ratio of 1.93. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The firm’s 50-day simple moving average is $152.59 and its 200 day simple moving average is $147.51.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.59 by $0.04. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.72 earnings per share. On average, analysts forecast that Keysight Technologies, Inc. will post 5.4 earnings per share for the current year.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on KEYS shares. Citigroup raised their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Barclays increased their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. lowered shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $184.00 to $170.00 in a research note on Thursday, February 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Hold” and a consensus target price of $160.63.

About Keysight Technologies

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.