HighTower Advisors LLC decreased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 6.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,508 shares of the scientific and technical instruments company’s stock after selling 1,019 shares during the period. HighTower Advisors LLC’s holdings in Keysight Technologies were worth $527,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. San Francisco Sentry Investment Group CA increased its stake in shares of Keysight Technologies by 1.7% in the first quarter. San Francisco Sentry Investment Group CA now owns 5,869 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 100 shares during the last quarter. Cadence Capital Management LLC increased its stake in shares of Keysight Technologies by 2.6% in the first quarter. Cadence Capital Management LLC now owns 6,101 shares of the scientific and technical instruments company’s stock valued at $220,000 after buying an additional 157 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Keysight Technologies by 23.1% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,871 shares of the scientific and technical instruments company’s stock valued at $248,000 after buying an additional 1,290 shares during the last quarter. Garde Capital Inc. increased its stake in shares of Keysight Technologies by 3.4% in the fourth quarter. Garde Capital Inc. now owns 6,933 shares of the scientific and technical instruments company’s stock valued at $254,000 after buying an additional 231 shares during the last quarter. Finally, Suntrust Banks Inc. boosted its position in Keysight Technologies by 6.8% in the first quarter. Suntrust Banks Inc. now owns 7,242 shares of the scientific and technical instruments company’s stock valued at $260,000 after buying an additional 459 shares during the period. Hedge funds and other institutional investors own 87.99% of the company’s stock.

Shares of Keysight Technologies Inc. (NYSE KEYS) traded down 0.21% during trading on Tuesday, hitting $42.75. The stock had a trading volume of 723,779 shares. The stock has a market capitalization of $7.92 billion, a P/E ratio of 21.72 and a beta of 1.15. Keysight Technologies Inc. has a 12-month low of $26.87 and a 12-month high of $43.15. The stock’s 50-day moving average is $40.36 and its 200-day moving average is $38.22.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, June 6th. The scientific and technical instruments company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.12. The business had revenue of $758 million during the quarter, compared to analysts’ expectations of $748.59 million. Keysight Technologies had a return on equity of 22.62% and a net margin of 11.61%. The firm’s revenue for the quarter was up 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.61 earnings per share. Analysts predict that Keysight Technologies Inc. will post $2.48 EPS for the current fiscal year.

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Several equities analysts have commented on KEYS shares. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Citigroup Inc. upped their price target on Keysight Technologies from $44.00 to $49.00 and gave the company a “buy” rating in a report on Wednesday, June 7th. Zacks Investment Research raised Keysight Technologies from a “sell” rating to a “hold” rating in a report on Monday, April 24th. Bank of America Corporation reaffirmed a “buy” rating and issued a $47.00 price target on shares of Keysight Technologies in a report on Friday, June 2nd. Finally, Wells Fargo & Company reaffirmed an “outperform” rating on shares of Keysight Technologies in a report on Tuesday, July 4th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Keysight Technologies has an average rating of “Buy” and an average target price of $45.90.

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 18,130 shares of the company’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $37.26, for a total transaction of $675,523.80. Following the sale, the senior vice president now owns 61,140 shares of the company’s stock, valued at $2,278,076.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Charles J. Dockendorff purchased 13,210 shares of the business’s stock in a transaction on Friday, June 9th. The shares were purchased at an average cost of $37.81 per share, for a total transaction of $499,470.10. Following the transaction, the director now directly owns 51,800 shares of the company’s stock, valued at approximately $1,958,558. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 461,554 shares of company stock valued at $17,749,840. Company insiders own 1.23% of the company’s stock.

Keysight Technologies Company Profile

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

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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