1,836 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Malaga Cove Capital LLC

Malaga Cove Capital LLC purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,836 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000.

Several other institutional investors have also added to or reduced their stakes in KEYS. American National Bank & Trust purchased a new stake in Keysight Technologies during the 3rd quarter valued at about $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 Keysight Technologies during the 1st quarter valued at $31,000. Family Firm Inc. bought a new stake in Keysight Technologies in the 2nd quarter worth $30,000. Finally, GPS Wealth Strategies Group LLC grew its holdings in Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 184 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on KEYS shares. Robert W. Baird dropped their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a report on Monday, August 19th. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a report on Wednesday, August 21st. Susquehanna reduced their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. Vertical Research initiated coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. Finally, Bank of America boosted their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $170.89.

Keysight Technologies Stock Up 4.5 %

NYSE:KEYS opened at $161.85 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The firm’s 50-day moving average price is $153.82 and its 200-day moving average price is $145.32. The company has a market capitalization of $28.09 billion, a PE ratio of 31.13, a P/E/G ratio of 4.54 and a beta of 0.98. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $162.51.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the company earned $2.04 earnings per share. The business’s revenue was down 11.9% compared to the same quarter last year. On average, equities analysts predict that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Buying and Selling at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by company insiders.

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.