Ameritas Investment Partners Inc. Acquires 82 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Ameritas Investment Partners Inc. increased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,669 shares of the scientific and technical instruments company’s stock after purchasing an additional 82 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Keysight Technologies were worth $2,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Swedbank AB raised its holdings in Keysight Technologies by 3.8% during the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Jennison Associates LLC raised its stake in Keysight Technologies by 53.2% during the first quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after buying an additional 1,323,775 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Keysight Technologies by 352.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after buying an additional 2,462,543 shares during the period. AMF Tjanstepension AB lifted its holdings in Keysight Technologies by 96.0% in the first quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock valued at $264,665,000 after buying an additional 828,913 shares during the period. Finally, Capital World Investors bought a new stake in Keysight Technologies during the first quarter valued at $250,097,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

KEYS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Susquehanna reduced their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Vertical Research initiated coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. Finally, Robert W. Baird reduced their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Keysight Technologies Stock Down 1.9 %

Keysight Technologies stock opened at $152.42 on Friday. The firm has a market capitalization of $26.60 billion, a price-to-earnings ratio of 33.21, a price-to-earnings-growth ratio of 5.03 and a beta of 0.97. The firm’s fifty day moving average price is $141.83 and its two-hundred day moving average price is $144.82. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $162.51. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.04 EPS. On average, equities research analysts predict that Keysight Technologies, Inc. will post 5.35 earnings per share for the current fiscal year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.60% of the stock is owned by insiders.

Keysight Technologies Profile

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.