Visionary Asset Management Inc. purchased a new stake in Keysight Technologies Inc (NYSE:KEYS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 8,569 shares of the scientific and technical instruments company’s stock, valued at approximately $532,000. Keysight Technologies comprises 0.2% of Visionary Asset Management Inc.’s portfolio, making the stock its 24th largest holding.

A number of other institutional investors have also recently bought and sold shares of the stock. Louisiana State Employees Retirement System boosted its holdings in Keysight Technologies by 1.6% during the third quarter. Louisiana State Employees Retirement System now owns 51,300 shares of the scientific and technical instruments company’s stock worth $3,400,000 after buying an additional 800 shares during the last quarter. First Hawaiian Bank boosted its holdings in Keysight Technologies by 40.6% during the fourth quarter. First Hawaiian Bank now owns 3,159 shares of the scientific and technical instruments company’s stock worth $196,000 after buying an additional 912 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in Keysight Technologies by 1.3% during the third quarter. Oregon Public Employees Retirement Fund now owns 73,825 shares of the scientific and technical instruments company’s stock worth $4,893,000 after buying an additional 922 shares during the last quarter. Strs Ohio boosted its holdings in Keysight Technologies by 15.5% during the third quarter. Strs Ohio now owns 7,948 shares of the scientific and technical instruments company’s stock worth $526,000 after buying an additional 1,067 shares during the last quarter. Finally, Mcrae Capital Management Inc. boosted its holdings in Keysight Technologies by 15.7% during the third quarter. Mcrae Capital Management Inc. now owns 8,125 shares of the scientific and technical instruments company’s stock worth $539,000 after buying an additional 1,100 shares during the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Keysight Technologies stock traded down $0.19 during midday trading on Friday, reaching $67.07. The stock had a trading volume of 38,528 shares, compared to its average volume of 1,475,456. Keysight Technologies Inc has a 1-year low of $42.13 and a 1-year high of $70.40. The firm has a market cap of $12.59 billion, a PE ratio of 22.39 and a beta of 1.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.63.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a return on equity of 22.80% and a net margin of 4.25%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter last year, the firm earned $0.71 EPS. Keysight Technologies’s revenue for the quarter was up 19.7% compared to the same quarter last year. As a group, equities research analysts predict that Keysight Technologies Inc will post 3.5 EPS for the current year.

In other news, SVP Satish Dhanasekaran sold 1,354 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 19th. The stock was sold at an average price of $61.54, for a total transaction of $83,325.16. Following the completion of the transaction, the senior vice president now directly owns 29,337 shares in the company, valued at approximately $1,805,398.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Stephen D. Williams sold 17,752 shares of Keysight Technologies stock in a transaction that occurred on Friday, November 23rd. The stock was sold at an average price of $57.16, for a total value of $1,014,704.32. Following the transaction, the senior vice president now owns 56,986 shares of the company’s stock, valued at $3,257,319.76. The disclosure for this sale can be found here. In the last three months, insiders sold 249,925 shares of company stock worth $14,923,747. 0.97% of the stock is owned by insiders.

A number of equities research analysts have recently commented on KEYS shares. Jefferies Financial Group raised their price target on Keysight Technologies from $74.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, November 21st. Stifel Nicolaus started coverage on Keysight Technologies in a research report on Monday, October 22nd. They set a “buy” rating and a $73.00 price target on the stock. Goldman Sachs Group raised Keysight Technologies from a “neutral” rating to a “buy” rating in a research report on Thursday, October 18th. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, October 26th. Finally, TheStreet lowered Keysight Technologies from an “a-” rating to a “c+” rating in a research report on Tuesday, November 20th. Ten investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $71.22.

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About Keysight Technologies

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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