Eagle Asset Management Inc. Has $40.26 Million Stake in Keysight Technologies Inc (KEYS)

Eagle Asset Management Inc. lifted its position in Keysight Technologies Inc (NYSE:KEYS) by 32.3% during the 4th quarter, Holdings Channel reports. The firm owned 959,625 shares of the scientific and technical instruments company’s stock after buying an additional 234,195 shares during the quarter. Eagle Asset Management Inc.’s holdings in Keysight Technologies were worth $40,261,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. American Century Companies Inc. lifted its position in Keysight Technologies by 52.5% during the 4th quarter. American Century Companies Inc. now owns 7,596,674 shares of the scientific and technical instruments company’s stock worth $316,022,000 after buying an additional 2,613,683 shares in the last quarter. Victory Capital Management Inc. lifted its position in Keysight Technologies by 8.3% during the 4th quarter. Victory Capital Management Inc. now owns 4,301,488 shares of the scientific and technical instruments company’s stock worth $178,942,000 after buying an additional 328,386 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Keysight Technologies by 13.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,628,761 shares of the scientific and technical instruments company’s stock worth $109,514,000 after buying an additional 309,437 shares in the last quarter. Wedge Capital Management L L P NC lifted its position in Keysight Technologies by 6.0% during the 4th quarter. Wedge Capital Management L L P NC now owns 2,281,913 shares of the scientific and technical instruments company’s stock worth $94,928,000 after buying an additional 129,969 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in Keysight Technologies by 10.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,771,083 shares of the scientific and technical instruments company’s stock worth $73,782,000 after buying an additional 169,578 shares in the last quarter. 89.11% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Inc (NYSE KEYS) opened at $45.87 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.94 and a debt-to-equity ratio of 0.88. Keysight Technologies Inc has a 52-week low of $35.05 and a 52-week high of $48.03. The stock has a market cap of $8,612.08, a PE ratio of 76.45 and a beta of 1.21.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.12. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company had revenue of $878.00 million for the quarter, compared to the consensus estimate of $891.55 million. During the same period in the prior year, the company posted $0.64 EPS. The company’s revenue was up 16.9% compared to the same quarter last year. equities research analysts anticipate that Keysight Technologies Inc will post 2.54 earnings per share for the current year.

In other Keysight Technologies news, SVP Stephen D. Williams sold 12,296 shares of the company’s stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $41.79, for a total transaction of $513,849.84. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Ronald S. Nersesian sold 162,366 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $45.04, for a total transaction of $7,312,964.64. Following the transaction, the insider now owns 517,674 shares in the company, valued at $23,316,036.96. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 259,819 shares of company stock worth $11,483,635. Corporate insiders own 1.23% of the company’s stock.

Several research analysts recently issued reports on the stock. Zacks Investment Research downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $43.00 price target on shares of Keysight Technologies in a research report on Friday, December 8th. Finally, Deutsche Bank upped their price target on shares of Keysight Technologies to $55.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $48.50.

COPYRIGHT VIOLATION WARNING: This news story was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://weekherald.com/2018/02/18/eagle-asset-management-inc-has-40-26-million-stake-in-keysight-technologies-inc-keys.html.

Keysight Technologies Company Profile

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.

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc (NYSE:KEYS).

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply