Dynamic Technology Lab Private Ltd Buys New Holdings in Keysight Technologies Inc. $KEYS

Dynamic Technology Lab Private Ltd purchased a new position in Keysight Technologies Inc. (NYSE:KEYS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,041 shares of the scientific and technical instruments company’s stock, valued at approximately $1,645,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of KEYS. True Wealth Design LLC raised its holdings in Keysight Technologies by 358.3% during the 2nd quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 129 shares during the last quarter. NewSquare Capital LLC increased its holdings in Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 104 shares during the period. Accent Capital Management LLC bought a new position in Keysight Technologies during the 1st quarter valued at approximately $28,000. Atlantic Union Bankshares Corp purchased a new stake in Keysight Technologies in the 2nd quarter worth approximately $34,000. Finally, Manchester Capital Management LLC grew its position in shares of Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 108 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on KEYS shares. Citigroup started coverage on Keysight Technologies in a report on Friday, November 14th. They set a “buy” rating and a $215.00 target price for the company. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Jefferies Financial Group initiated coverage on shares of Keysight Technologies in a research report on Monday, October 27th. They issued a “hold” rating and a $180.00 target price for the company. Bank of America lifted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Friday, October 10th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $194.33.

Keysight Technologies Trading Down 0.1%

Shares of NYSE KEYS opened at $174.48 on Thursday. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $187.67. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The firm has a 50-day moving average of $173.53 and a 200 day moving average of $166.37. The stock has a market cap of $29.99 billion, a P/E ratio of 55.57, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.05. Keysight Technologies had a net margin of 10.36% and a return on equity of 19.53%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the company earned $1.57 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. As a group, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.