Strs Ohio lifted its stake in shares of Keysight Technologies Inc (NYSE:KEYS) by 15.5% during the third quarter, HoldingsChannel reports. The firm owned 7,948 shares of the scientific and technical instruments company’s stock after buying an additional 1,067 shares during the period. Strs Ohio’s holdings in Keysight Technologies were worth $526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Louisiana State Employees Retirement System lifted its holdings in Keysight Technologies by 1.6% in the third quarter. Louisiana State Employees Retirement System now owns 51,300 shares of the scientific and technical instruments company’s stock valued at $3,400,000 after buying an additional 800 shares during the period. Mcrae Capital Management Inc. lifted its holdings in Keysight Technologies by 15.7% in the third quarter. Mcrae Capital Management Inc. now owns 8,125 shares of the scientific and technical instruments company’s stock valued at $539,000 after buying an additional 1,100 shares during the period. Bronfman E.L. Rothschild L.P. lifted its holdings in Keysight Technologies by 27.0% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,722 shares of the scientific and technical instruments company’s stock valued at $338,000 after buying an additional 1,216 shares during the period. Arizona State Retirement System lifted its holdings in Keysight Technologies by 1.0% in the second quarter. Arizona State Retirement System now owns 129,761 shares of the scientific and technical instruments company’s stock valued at $7,660,000 after buying an additional 1,237 shares during the period. Finally, DF Dent & Co. Inc. lifted its holdings in Keysight Technologies by 3.7% in the second quarter. DF Dent & Co. Inc. now owns 35,477 shares of the scientific and technical instruments company’s stock valued at $2,094,000 after buying an additional 1,275 shares during the period. Institutional investors and hedge funds own 87.49% of the company’s stock.

KEYS opened at $59.19 on Friday. The company has a current ratio of 2.42, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $11.37 billion, a price-to-earnings ratio of 22.55 and a beta of 1.19. Keysight Technologies Inc has a twelve month low of $41.33 and a twelve month high of $70.40.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.10. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $961.91 million. Keysight Technologies had a net margin of 6.50% and a return on equity of 20.58%. The business’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period last year, the business posted $0.61 earnings per share. Research analysts predict that Keysight Technologies Inc will post 2.88 earnings per share for the current year.

Several brokerages recently weighed in on KEYS. Zacks Investment Research upgraded shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $72.00 price objective on the stock in a report on Friday, August 24th. Robert W. Baird increased their price objective on shares of Keysight Technologies from $61.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. Citigroup increased their price objective on shares of Keysight Technologies from $62.00 to $71.00 and gave the company a “buy” rating in a report on Wednesday, July 18th. Stifel Nicolaus began coverage on shares of Keysight Technologies in a report on Monday, October 22nd. They issued a “buy” rating and a $73.00 price objective on the stock. Finally, Deutsche Bank increased their price objective on shares of Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $71.56.

In other Keysight Technologies news, CFO Neil Dougherty sold 3,999 shares of the stock in a transaction on Thursday, September 27th. The shares were sold at an average price of $65.57, for a total value of $262,214.43. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.97% of the company’s stock.

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Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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

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