CreativeOne Wealth LLC Reduces Stake in Keysight Technologies, Inc. (NYSE:KEYS)


CreativeOne Wealth LLC decreased its shares in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 4.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The company owned 1,865 shares of the scientific and technical instruments company after selling 97 shares during the period. CreativeOne Wealth LLC’s shares of Keysight Technologies were worth $292,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company recently. Jennison Associates LLC purchased a new position in Keysight Technologies in the fourth quarter worth approximately $395,789,000. Norges Bank purchased a new position in Keysight Technologies in the fourth quarter worth $303,444,000. Van ECK Associates Corp increased its position in Keysight Technologies by 105.5% during the fourth quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company’s stock worth $379,134,000 after purchasing an additional 1,223,694 shares in the last quarter. AMF Tjanstepension AB increased its stake in shares of Keysight Technologies by 96.0% during the first quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the company’s scientific and technical instruments stock worth $264,665,000 after acquiring an additional 828,913 shares during the period. Finally, Balyasny Asset Management LP increased its position in shares of Keysight Technologies by 18,983.0% in the fourth quarter. Balyasny Asset Management LP now owns 508,753 shares of the company’s scientific and technical instruments stock worth $80,938,000 after purchasing an additional 506,087 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Robert W. Baird increased their price target on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research report on Tuesday, May 21st. Susquehanna lowered their price target on Keysight Technologies from $208.00 to $195.00 and gave the stock a “positive” rating in a research note on Tuesday, May 21st. Vertical Research initiated coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They gave the company a “buy” rating and a $175.00 price target. Finally, Barclays increased their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. One analyst has rated the stock with a sell rating, three have given a hold rating, and seven have given the company a buy rating. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.20.

Check out our latest stock report on Keysight Technologies

Keysight Technologies Price Performance

KEYS shares opened at $138.40 on Friday. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $170.60. The company has a market cap of $24.16 billion, a price-to-earnings ratio of 30.15, a price-to-earnings growth ratio of 4.78 and a beta of 0.95. The company has a fifty-day simple moving average of $139.14 and a two-hundred-day simple moving average of $148.30. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24.

Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its quarterly earnings results on Monday, May 20. The scientific and engineering instruments company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. Analysts expect Keysight Technologies, Inc. to post $5.25 EPS for the current fiscal year.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction dated Monday, June 17. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at $533,928.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed at this link. In related news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC website. Also, Director Kevin A. Stephens purchased 460 shares of the company’s stock in a transaction on Tuesday, May 28. The shares were acquired at an average price of $143.35 per share, for a total value of $65,941.00. Following the transaction, the Director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the shares are currently held by insiders.

Company Profile Keysight Technologies

(Free Report)

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

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



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