Dakota Wealth Management Acquires 306 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Dakota Wealth Management boosted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 10.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,253 shares of the scientific and technical instruments company’s stock after acquiring an additional 306 shares during the period. Dakota Wealth Management’s holdings in Keysight Technologies were worth $517,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of KEYS. American National Bank & Trust bought a new stake in shares of Keysight Technologies in the 3rd quarter worth approximately $31,000. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies in the second quarter worth $27,000. Larson Financial Group LLC purchased a new position in shares of Keysight Technologies in the 1st quarter worth about $31,000. Family Firm Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter worth about $30,000. Finally, GPS Wealth Strategies Group LLC boosted its stake 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 purchasing an additional 184 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the transaction, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on KEYS shares. Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. Vertical Research assumed coverage on Keysight Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Bank of America increased their price objective on Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. Finally, Wells Fargo & Company restated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $167.67.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $155.74 on Tuesday. Keysight Technologies, Inc. has a 12-month low of $118.63 and a 12-month high of $162.51. The firm has a market capitalization of $27.18 billion, a price-to-earnings ratio of 33.93, a price-to-earnings-growth ratio of 5.19 and a beta of 0.97. The company has a current ratio of 2.05, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average of $153.60 and a 200 day moving average of $145.10.

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

About Keysight Technologies

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.