Werba Rubin Papier Wealth Management Acquires 229 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Werba Rubin Papier Wealth Management raised its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 13.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,922 shares of the scientific and technical instruments company’s stock after acquiring an additional 229 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Keysight Technologies were worth $305,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Rise Advisors LLC purchased a new position in shares of Keysight Technologies during the first quarter worth approximately $25,000. American National Bank & Trust purchased a new position in Keysight Technologies during the 3rd quarter worth $31,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the 2nd quarter valued at $27,000. Larson Financial Group LLC purchased a new stake in shares of Keysight Technologies in the 1st quarter worth $31,000. Finally, Family Firm Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter worth $30,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on KEYS. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Bank of America upped their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 21st. Robert W. Baird cut their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Susquehanna reduced their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy 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 $167.67.

Keysight Technologies Price Performance

NYSE KEYS opened at $159.95 on Friday. The firm’s fifty day simple moving average is $150.66 and its two-hundred day simple moving average is $145.29. The firm has a market capitalization of $27.92 billion, a P/E ratio of 34.85, a P/E/G ratio of 5.28 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business earned $2.04 EPS. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. Analysts forecast that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.60% of the company’s stock.

Keysight Technologies 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.