Calamos Advisors LLC acquired a new position in shares of Keysight Technologies Inc (NYSE:KEYS) in the first quarter, HoldingsChannel reports. The fund acquired 10,510 shares of the scientific and technical instruments company’s stock, valued at approximately $916,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust boosted its position in Keysight Technologies by 41.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 154 shares during the period. Dean Investment Associates LLC boosted its position in Keysight Technologies by 1.0% during the 4th quarter. Dean Investment Associates LLC now owns 18,332 shares of the scientific and technical instruments company’s stock worth $1,138,000 after purchasing an additional 183 shares during the period. Nissay Asset Management Corp Japan ADV boosted its position in Keysight Technologies by 1.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 15,632 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 201 shares during the period. ETF Managers Group LLC boosted its position in Keysight Technologies by 15.8% during the 4th quarter. ETF Managers Group LLC now owns 2,489 shares of the scientific and technical instruments company’s stock worth $155,000 after purchasing an additional 339 shares during the period. Finally, Weybosset Research & Management LLC boosted its position in Keysight Technologies by 0.3% during the 4th quarter. Weybosset Research & Management LLC now owns 123,576 shares of the scientific and technical instruments company’s stock worth $7,672,000 after purchasing an additional 355 shares during the period. Institutional investors and hedge funds own 89.22% of the company’s stock.

KEYS has been the subject of a number of research reports. TheStreet raised shares of Keysight Technologies from a “c+” rating to an “a-” rating in a research report on Thursday, February 21st. Jefferies Financial Group upped their price target on shares of Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Stifel Nicolaus upped their price objective on shares of Keysight Technologies from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 price objective for the company in a research report on Tuesday, February 5th. Finally, Deutsche Bank upped their price objective on shares of Keysight Technologies to $100.00 and gave the company a “buy” rating in a research report on Friday, February 22nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $86.11.

NYSE:KEYS opened at $91.70 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.36. The stock has a market capitalization of $17.27 billion, a price-to-earnings ratio of 30.57 and a beta of 1.17. Keysight Technologies Inc has a 1-year low of $50.59 and a 1-year high of $92.99.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.09. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $978.22 million. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. As a group, sell-side analysts expect that Keysight Technologies Inc will post 3.66 earnings per share for the current fiscal year.

In other news, VP John C. Skinner sold 4,671 shares of the company’s stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $84.61, for a total value of $395,213.31. Following the sale, the vice president now owns 30,377 shares in the company, valued at approximately $2,570,197.97. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Neil Dougherty sold 42,133 shares of the company’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $84.85, for a total transaction of $3,574,985.05. Following the completion of the sale, the chief financial officer now owns 77,217 shares in the company, valued at approximately $6,551,862.45. The disclosure for this sale can be found here. In the last 90 days, insiders sold 99,707 shares of company stock worth $8,455,884. Company insiders own 0.65% of the company’s stock.

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About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation 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 optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

Further Reading: What is the Quick Ratio?

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

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