MetLife Investment Advisors LLC Sells 1,104 Shares of Keysight Technologies Inc (KEYS)

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MetLife Investment Advisors LLC cut its holdings in shares of Keysight Technologies Inc (NYSE:KEYS) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,466 shares of the scientific and technical instruments company’s stock after selling 1,104 shares during the period. MetLife Investment Advisors LLC owned about 0.06% of Keysight Technologies worth $6,934,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Hudson Capital Management LLC grew its position in shares of Keysight Technologies by 4.8% during the second quarter. Hudson Capital Management LLC now owns 19,227 shares of the scientific and technical instruments company’s stock worth $1,135,000 after buying an additional 885 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Keysight Technologies by 26.3% during the first quarter. Stratos Wealth Partners LTD. now owns 5,299 shares of the scientific and technical instruments company’s stock worth $278,000 after buying an additional 1,104 shares in the last quarter. KCM Investment Advisors LLC grew its position in shares of Keysight Technologies by 14.6% during the first quarter. KCM Investment Advisors LLC now owns 8,693 shares of the scientific and technical instruments company’s stock worth $455,000 after buying an additional 1,109 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its position in shares of Keysight Technologies by 27.0% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,722 shares of the scientific and technical instruments company’s stock worth $338,000 after buying an additional 1,216 shares in the last quarter. Finally, Arizona State Retirement System grew its position in shares of Keysight Technologies by 1.0% during the second quarter. Arizona State Retirement System now owns 129,761 shares of the scientific and technical instruments company’s stock worth $7,660,000 after buying an additional 1,237 shares in the last quarter. Institutional investors own 87.55% of the company’s stock.

Shares of NYSE KEYS opened at $65.80 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.42 and a quick ratio of 1.75. Keysight Technologies Inc has a twelve month low of $39.54 and a twelve month high of $70.40. The company has a market capitalization of $12.39 billion, a price-to-earnings ratio of 29.51 and a beta of 1.06.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.79 by $0.10. Keysight Technologies had a return on equity of 20.58% and a net margin of 6.50%. The company had revenue of $1 billion during the quarter, compared to analysts’ expectations of $961.91 million. During the same quarter in the previous year, the business earned $0.61 earnings per share. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. sell-side analysts anticipate that Keysight Technologies Inc will post 2.89 earnings per share for the current year.

KEYS has been the subject of a number of analyst reports. Zacks Investment Research downgraded Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, June 2nd. Deutsche Bank boosted their price objective on Keysight Technologies from $63.00 to $66.00 and gave the stock a “buy” rating in a research report on Thursday, May 31st. Credit Suisse Group boosted their price objective on Keysight Technologies from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 22nd. Citigroup boosted their price objective on Keysight Technologies from $62.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, July 18th. Finally, Jefferies Financial Group boosted their price objective on Keysight Technologies to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $68.22.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) 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 laser source products, 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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