Victory Capital Management Inc. Buys 3,174 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Victory Capital Management Inc. lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 140,764 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,174 shares during the quarter. Victory Capital Management Inc. owned 0.08% of Keysight Technologies worth $22,372,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Swedbank AB raised its stake in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after purchasing an additional 292,372 shares during the period. Price T Rowe Associates Inc. MD grew its position in Keysight Technologies by 352.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock worth $494,299,000 after buying an additional 2,462,543 shares in the last quarter. Capital World Investors purchased a new position in Keysight Technologies during the first quarter worth about $250,097,000. Van ECK Associates Corp grew its position in Keysight Technologies by 6.1% during the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock worth $188,540,000 after buying an additional 79,774 shares in the last quarter. Finally, Boston Partners purchased a new position in Keysight Technologies during the first quarter worth about $175,979,000. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Vertical Research assumed coverage on Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. Bank of America boosted their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 21st. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday. Susquehanna cut their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a report on Wednesday, August 21st. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Keysight Technologies Trading Up 1.4 %

Shares of KEYS stock opened at $151.42 on Tuesday. The stock has a market capitalization of $26.28 billion, a PE ratio of 29.12, a P/E/G ratio of 4.36 and a beta of 0.98. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $166.28. The business has a 50-day moving average of $155.28 and a 200 day moving average of $145.95. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies’s quarterly revenue was down 11.9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.04 EPS. As a group, sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.48 earnings per share for the current year.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the transaction, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. This represents a 3.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Company Profile

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.