Charles Schwab Investment Management Inc. Boosts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Charles Schwab Investment Management Inc. lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 834,709 shares of the scientific and technical instruments company’s stock after purchasing an additional 22,198 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.46% of Keysight Technologies worth $172,376,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Asset Dedication LLC purchased a new position in Keysight Technologies during the fourth quarter worth $27,000. TAP Consulting LLC purchased a new position in Keysight Technologies during the fourth quarter worth $32,000. EverSource Wealth Advisors LLC purchased a new position in Keysight Technologies during the fourth quarter worth $47,000. Sageworth Trust Co of South Dakota purchased a new position in Keysight Technologies during the fourth quarter worth $50,000. Finally, Pinnacle Bancorp Inc. purchased a new position in Keysight Technologies during the fourth quarter worth $52,000. 84.00% of the stock is owned by institutional investors.

In other Keysight Technologies news, SVP Jeffrey K. Li sold 3,000 shares of Keysight Technologies stock in a transaction dated Wednesday, March 30th. The stock was sold at an average price of $162.34, for a total value of $487,020.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction dated Wednesday, February 23rd. The shares were sold at an average price of $159.62, for a total value of $319,240.00. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

Several analysts have recently weighed in on KEYS shares. Robert W. Baird decreased their target price on Keysight Technologies from $198.00 to $166.00 in a research report on Monday, May 16th. JPMorgan Chase & Co. decreased their target price on Keysight Technologies from $230.00 to $200.00 in a research report on Wednesday. Susquehanna reiterated a “buy” rating and set a $222.00 target price on shares of Keysight Technologies in a research report on Monday, February 7th. Morgan Stanley decreased their target price on Keysight Technologies from $190.00 to $180.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 12th. Finally, StockNews.com started coverage on Keysight Technologies in a research report on Thursday, March 31st. They set a “buy” rating for the company. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $198.00.

KEYS stock opened at $137.80 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.86 and a quick ratio of 2.39. The business has a 50-day moving average price of $147.89 and a 200 day moving average price of $169.70. The company has a market capitalization of $25.08 billion, a P/E ratio of 24.92, a PEG ratio of 2.48 and a beta of 1.08. Keysight Technologies, Inc. has a 1-year low of $127.93 and a 1-year high of $209.08.

Keysight Technologies (NYSE:KEYS – Get Rating) last posted its earnings results on Tuesday, May 17th. The scientific and technical instruments company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.15. Keysight Technologies had a return on equity of 30.60% and a net margin of 19.90%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm earned $1.34 earnings per share. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, analysts anticipate that Keysight Technologies, Inc. will post 6.07 earnings per share for the current fiscal year.

About Keysight Technologies (Get Rating)

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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