Mesirow Financial Investment Management Equity Management lowered its holdings in Keysight Technologies Inc (NYSE:KEYS) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,795 shares of the scientific and technical instruments company’s stock after selling 1,290 shares during the quarter. Mesirow Financial Investment Management Equity Management’s holdings in Keysight Technologies were worth $1,477,000 as of its most recent filing with the SEC.
A number of other institutional investors have also bought and sold shares of the business. BlackRock Inc. lifted its stake in shares of Keysight Technologies by 1.4% during the third quarter. BlackRock Inc. now owns 17,742,617 shares of the scientific and technical instruments company’s stock valued at $1,175,982,000 after acquiring an additional 247,405 shares during the period. Vanguard Group Inc lifted its stake in shares of Keysight Technologies by 2.5% during the third quarter. Vanguard Group Inc now owns 17,295,881 shares of the scientific and technical instruments company’s stock valued at $1,146,370,000 after acquiring an additional 421,861 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Keysight Technologies by 21.5% during the third quarter. Bank of New York Mellon Corp now owns 5,442,341 shares of the scientific and technical instruments company’s stock valued at $360,718,000 after acquiring an additional 962,129 shares during the period. Carillon Tower Advisers Inc. lifted its stake in shares of Keysight Technologies by 13.8% during the third quarter. Carillon Tower Advisers Inc. now owns 1,494,469 shares of the scientific and technical instruments company’s stock valued at $99,053,000 after acquiring an additional 181,248 shares during the period. Finally, Eagle Asset Management Inc. lifted its stake in shares of Keysight Technologies by 17.4% during the third quarter. Eagle Asset Management Inc. now owns 1,407,811 shares of the scientific and technical instruments company’s stock valued at $93,309,000 after acquiring an additional 208,787 shares during the period. 87.47% of the stock is currently owned by institutional investors.
In other Keysight Technologies news, VP John C. Skinner sold 2,637 shares of the stock in a transaction dated Monday, November 26th. The stock was sold at an average price of $57.70, for a total value of $152,154.90. Following the completion of the sale, the vice president now directly owns 37,755 shares in the company, valued at $2,178,463.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Ingrid A. Estrada sold 15,462 shares of the stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $62.26, for a total value of $962,664.12. Following the completion of the sale, the senior vice president now owns 92,121 shares of the company’s stock, valued at $5,735,453.46. The disclosure for this sale can be found here. Insiders sold 249,925 shares of company stock valued at $14,923,747 over the last 90 days. Corporate insiders own 0.65% of the company’s stock.
A number of equities research analysts recently commented on the company. Goldman Sachs Group upgraded Keysight Technologies from a “neutral” rating to a “buy” rating in a report on Thursday, October 18th. Stifel Nicolaus assumed coverage on Keysight Technologies in a report on Monday, October 22nd. They issued a “buy” rating and a $73.00 price objective for the company. Zacks Investment Research downgraded Keysight Technologies from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 24th. ValuEngine upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 26th. Finally, Jefferies Financial Group upped their price objective on Keysight Technologies from $74.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, November 21st. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $73.00.
NYSE KEYS opened at $78.01 on Tuesday. The stock has a market capitalization of $14.43 billion, a P/E ratio of 26.00 and a beta of 1.13. The company has a quick ratio of 1.20, a current ratio of 1.63 and a debt-to-equity ratio of 0.53. Keysight Technologies Inc has a 12 month low of $43.49 and a 12 month high of $78.29.
Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $0.12. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.02 billion. Keysight Technologies had a return on equity of 22.80% and a net margin of 4.25%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 earnings per share. On average, equities research analysts predict that Keysight Technologies Inc will post 3.5 EPS for the current year.
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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.
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