Keysight Technologies Inc (NYSE:KEYS) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC decreased its position in shares of Keysight Technologies Inc (NYSE:KEYS) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,036 shares of the scientific and technical instruments company’s stock after selling 254 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Keysight Technologies were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KEYS. Congress Asset Management Co. MA bought a new stake in shares of Keysight Technologies during the fourth quarter valued at approximately $81,678,000. Bank of New York Mellon Corp grew its holdings in Keysight Technologies by 21.5% during the third quarter. Bank of New York Mellon Corp now owns 5,442,341 shares of the scientific and technical instruments company’s stock worth $360,718,000 after buying an additional 962,129 shares in the last quarter. AQR Capital Management LLC grew its holdings in Keysight Technologies by 306.8% during the third quarter. AQR Capital Management LLC now owns 1,265,431 shares of the scientific and technical instruments company’s stock worth $83,872,000 after buying an additional 954,334 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Keysight Technologies by 1,078.1% during the third quarter. Renaissance Technologies LLC now owns 651,500 shares of the scientific and technical instruments company’s stock worth $43,181,000 after buying an additional 596,200 shares in the last quarter. Finally, Vanguard Group Inc grew its holdings in Keysight Technologies by 2.5% during the third quarter. Vanguard Group Inc now owns 17,295,881 shares of the scientific and technical instruments company’s stock worth $1,146,370,000 after buying an additional 421,861 shares in the last quarter. Hedge funds and other institutional investors own 89.25% of the company’s stock.

KEYS traded up $1.54 during trading on Friday, reaching $89.84. 1,339,574 shares of the company were exchanged, compared to its average volume of 1,340,453. The stock has a market capitalization of $16.89 billion, a price-to-earnings ratio of 29.95 and a beta of 1.17. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.36 and a current ratio of 1.82. Keysight Technologies Inc has a 12-month low of $50.59 and a 12-month high of $92.99.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.09. The business had revenue of $1.01 billion for the quarter, compared to analyst estimates of $978.22 million. Keysight Technologies had a return on equity of 25.15% and a net margin of 4.57%. On average, research analysts forecast that Keysight Technologies Inc will post 3.66 earnings per share for the current fiscal year.

Several research analysts have weighed in on the company. Jefferies Financial Group boosted their price objective on Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Stifel Nicolaus upped their price target on Keysight Technologies from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, April 1st. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 28th. Citigroup raised Keysight Technologies to a “top pick” rating and set a $100.00 price target on the stock in a research report on Friday, February 22nd. Finally, Zacks Investment Research cut Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, January 30th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. Keysight Technologies has a consensus rating of “Buy” and a consensus target price of $86.11.

In other Keysight Technologies news, SVP Jay Alexander sold 17,342 shares of the company’s stock in a transaction dated Monday, February 25th. The stock was sold at an average price of $84.52, for a total value of $1,465,745.84. Following the transaction, the senior vice president now directly owns 78,720 shares in the company, valued at approximately $6,653,414.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John C. Skinner sold 4,671 shares of the company’s stock in a transaction dated Tuesday, February 26th. The stock was sold at an average price of $84.61, for a total value of $395,213.31. Following the completion of the transaction, the vice president now owns 30,377 shares in the company, valued at $2,570,197.97. The disclosure for this sale can be found here. Insiders sold a total of 99,707 shares of company stock worth $8,455,884 over the last 90 days. Corporate insiders own 0.65% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Keysight Technologies Inc (NYSE:KEYS) Shares Sold by Commonwealth Equity Services LLC” was originally posted by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.baseballdailydigest.com/news/2019/04/21/keysight-technologies-inc-keys-position-reduced-by-commonwealth-equity-services-llc.html.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation 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 optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

Featured Article: Cost of Equity For A Business, Investors

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.