Keysight Technologies Inc (NASDAQ:KEYS) posted its quarterly earnings results on Thursday. The company reported $0.64 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.64. The firm had revenue of $751 million for the quarter, compared to analyst estimates of $736.94 million. During the same period last year, the company posted $0.71 earnings per share. The firm’s quarterly revenue was up .1% compared to the same quarter last year. Keysight Technologies updated its Q1 guidance to $0.49-0.63 EPS.

Shares of Keysight Technologies (NASDAQ:KEYS) opened at 35.22 on Friday. The stock has a 50 day moving average price of $32.57 and a 200 day moving average price of $30.19. Keysight Technologies has a 52 week low of $21.07 and a 52 week high of $35.58. The stock has a market capitalization of $5.99 billion and a P/E ratio of 11.64.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Denali Advisors LLC increased its position in Keysight Technologies by 11.4% in the third quarter. Denali Advisors LLC now owns 160,200 shares of the company’s stock valued at $5,077,000 after buying an additional 16,400 shares in the last quarter. General American Investors Co. Inc. increased its position in shares of Keysight Technologies by 92.9% in the third quarter. General American Investors Co. Inc. now owns 127,900 shares of the company’s stock worth $4,053,000 after buying an additional 61,600 shares in the last quarter. Great West Life Assurance Co. Can increased its position in shares of Keysight Technologies by 549.6% in the third quarter. Great West Life Assurance Co. Can now owns 1,003,529 shares of the company’s stock worth $31,762,000 after buying an additional 849,042 shares in the last quarter. World Asset Management Inc increased its position in shares of Keysight Technologies by 29.0% in the third quarter. World Asset Management Inc now owns 12,149 shares of the company’s stock worth $385,000 after buying an additional 2,728 shares in the last quarter. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of Keysight Technologies during the third quarter worth about $688,000.

KEYS has been the topic of a number of research reports. Zacks Investment Research downgraded Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. TheStreet raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Monday, October 17th. Deutsche Bank AG raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research note on Monday, September 19th. Finally, Robert W. Baird dropped their price target on Keysight Technologies from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, August 18th.

Keysight Technologies Company Profile

Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement 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.

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