CrestPoint Capital Management LLC lifted its holdings in Keysight Technologies Inc (NYSE:KEYS) by 70.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,700 shares of the scientific and technical instruments company’s stock after acquiring an additional 9,400 shares during the quarter. CrestPoint Capital Management LLC’s holdings in Keysight Technologies were worth $944,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in KEYS. Oregon Public Employees Retirement Fund lifted its holdings in Keysight Technologies by 1.8% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 68,891 shares of the scientific and technical instruments company’s stock worth $2,870,000 after buying an additional 1,217 shares in the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Keysight Technologies by 2.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 55,272 shares of the scientific and technical instruments company’s stock worth $2,152,000 after buying an additional 1,354 shares in the last quarter. M&T Bank Corp lifted its holdings in Keysight Technologies by 15.2% during the 2nd quarter. M&T Bank Corp now owns 10,380 shares of the scientific and technical instruments company’s stock worth $405,000 after buying an additional 1,366 shares in the last quarter. American International Group Inc. lifted its holdings in Keysight Technologies by 0.4% during the 3rd quarter. American International Group Inc. now owns 379,224 shares of the scientific and technical instruments company’s stock worth $15,798,000 after buying an additional 1,551 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in Keysight Technologies by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 424,633 shares of the scientific and technical instruments company’s stock worth $16,531,000 after buying an additional 1,762 shares in the last quarter. 88.28% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Inc (NYSE:KEYS) traded down $0.07 during mid-day trading on Wednesday, hitting $44.75. The stock had a trading volume of 695,100 shares, compared to its average volume of 774,660. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.94 and a current ratio of 2.66. The firm has a market cap of $8,380.00, a P/E ratio of 74.58 and a beta of 1.18. Keysight Technologies Inc has a one year low of $35.05 and a one year high of $45.78.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.12. The company had revenue of $878.00 million for the quarter, compared to the consensus estimate of $891.55 million. Keysight Technologies had a return on equity of 19.79% and a net margin of 3.20%. The firm’s quarterly revenue was up 16.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.64 EPS. analysts predict that Keysight Technologies Inc will post 2.53 EPS for the current year.

In related news, insider Ronald S. Nersesian sold 75,314 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $43.06, for a total value of $3,243,020.84. Following the completion of the sale, the insider now owns 356,816 shares in the company, valued at approximately $15,364,496.96. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Ronald S. Nersesian sold 162,366 shares of the company’s stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $45.04, for a total transaction of $7,312,964.64. Following the completion of the sale, the insider now owns 517,674 shares of the company’s stock, valued at approximately $23,316,036.96. The disclosure for this sale can be found here. In the last three months, insiders sold 259,819 shares of company stock worth $11,483,635. 1.23% of the stock is currently owned by company insiders.

KEYS has been the topic of several research reports. TheStreet raised Keysight Technologies from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. BidaskClub raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Robert W. Baird reaffirmed a “buy” rating and set a $48.00 price objective on shares of Keysight Technologies in a report on Friday, October 6th. Jefferies Group reissued a “buy” rating and issued a $52.00 price target on shares of Keysight Technologies in a research note on Friday, October 20th. Finally, Zacks Investment Research raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research note on Wednesday, December 13th. Three 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 price target of $47.60.

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Keysight Technologies 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.

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

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