Keysight Technologies Inc (KEYS) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its holdings in shares of Keysight Technologies Inc (NYSE:KEYS) by 44.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 69,003 shares of the scientific and technical instruments company’s stock after acquiring an additional 21,298 shares during the period. Russell Investments Group Ltd.’s holdings in Keysight Technologies were worth $4,563,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. First Trust Advisors LP lifted its holdings in Keysight Technologies by 1.7% during the 3rd quarter. First Trust Advisors LP now owns 201,388 shares of the scientific and technical instruments company’s stock valued at $13,348,000 after purchasing an additional 3,389 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Keysight Technologies by 5.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,310,585 shares of the scientific and technical instruments company’s stock valued at $86,865,000 after purchasing an additional 62,291 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in Keysight Technologies by 4.6% during the 3rd quarter. Retirement Systems of Alabama now owns 310,716 shares of the scientific and technical instruments company’s stock valued at $20,594,000 after purchasing an additional 13,702 shares during the last quarter. Xact Kapitalforvaltning AB lifted its holdings in Keysight Technologies by 33.3% during the 3rd quarter. Xact Kapitalforvaltning AB now owns 26,547 shares of the scientific and technical instruments company’s stock valued at $1,760,000 after purchasing an additional 6,630 shares during the last quarter. Finally, Spinnaker Trust bought a new position in Keysight Technologies during the 3rd quarter valued at about $201,000. Institutional investors and hedge funds own 88.61% of the company’s stock.

In other Keysight Technologies news, CFO Neil Dougherty sold 3,999 shares of the business’s stock in a transaction dated Thursday, September 27th. The shares were sold at an average price of $65.57, for a total value of $262,214.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.97% of the company’s stock.

KEYS has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. Citigroup lifted their price target on shares of Keysight Technologies from $71.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Robert W. Baird lifted their price target on shares of Keysight Technologies from $61.00 to $73.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. Deutsche Bank lifted their price target on shares of Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Finally, Credit Suisse Group lifted their price target on shares of Keysight Technologies from $60.00 to $75.00 and gave the company an “outperform” rating in a report on Wednesday, August 22nd. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $71.67.

Shares of NYSE KEYS opened at $56.58 on Monday. Keysight Technologies Inc has a 1-year low of $41.33 and a 1-year high of $70.40. The stock has a market capitalization of $10.60 billion, a price-to-earnings ratio of 18.86 and a beta of 1.19. 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 (NYSE:KEYS) last announced its earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.12. Keysight Technologies had a net margin of 4.25% and a return on equity of 22.80%. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the firm posted $0.71 earnings per share. The company’s revenue was up 19.7% on a year-over-year basis. On average, equities research analysts anticipate that Keysight Technologies Inc will post 3.37 earnings per share for the current year.

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Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) 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 laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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

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