Keysight Technologies Inc (KEYS) Position Lowered by State of Wisconsin Investment Board
State of Wisconsin Investment Board lowered its position in shares of Keysight Technologies Inc (NASDAQ:KEYS) by 1.8% during the third quarter, according to its most recent filing with the SEC. The fund owned 109,821 shares of the company’s stock after selling 2,000 shares during the period. State of Wisconsin Investment Board owned about 0.06% of Keysight Technologies worth $3,480,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Virginia Retirement Systems ET AL bought a new position in Keysight Technologies during the third quarter worth approximately $688,000. World Asset Management Inc raised its position in 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. Great West Life Assurance Co. Can raised its position in 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. General American Investors Co. Inc. raised its position in 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. Finally, Denali Advisors LLC raised 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 worth $5,077,000 after buying an additional 16,400 shares in the last quarter.
Keysight Technologies Inc (NASDAQ:KEYS) traded down 1.15% during trading on Wednesday, reaching $36.83. 801,246 shares of the company’s stock traded hands. The firm’s 50 day moving average is $33.74 and its 200 day moving average is $30.84. The company has a market cap of $6.25 billion and a P/E ratio of 18.89. Keysight Technologies Inc has a 12 month low of $21.07 and a 12 month high of $38.28.
Keysight Technologies (NASDAQ:KEYS) last released its quarterly earnings results on Thursday, November 17th. The company reported $0.64 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.64. The firm earned $751 million during the quarter, compared to analyst estimates of $736.94 million. Keysight Technologies’s quarterly revenue was up .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.71 earnings per share. Analysts anticipate that Keysight Technologies Inc will post $2.36 EPS for the current year.
KEYS has been the topic of several recent research reports. Deutsche Bank AG upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $33.00 price target on the stock in a research report on Monday, September 19th. Zacks Investment Research lowered shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Friday, August 19th. Robert W. Baird decreased their price target on shares of Keysight Technologies from $29.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, August 18th. Finally, TheStreet upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Monday, October 17th.
In other Keysight Technologies news, SVP Michael Gasparian sold 2,692 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $35.90, for a total value of $96,642.80. Following the transaction, the senior vice president now directly owns 65,703 shares in the company, valued at $2,358,737.70. The transaction was disclosed in a document filed with the SEC, which is available through this link.
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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