20,378 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Navellier & Associates Inc.

Navellier & Associates Inc. acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,378 shares of the scientific and technical instruments company’s stock, valued at approximately $4,208,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in KEYS. Asset Dedication LLC bought a new position in Keysight Technologies during the fourth quarter worth $27,000. TAP Consulting LLC acquired a new stake in Keysight Technologies in the fourth quarter worth $32,000. EverSource Wealth Advisors LLC acquired a new stake in Keysight Technologies in the fourth quarter worth $47,000. Sageworth Trust Co of South Dakota acquired a new stake in Keysight Technologies in the fourth quarter worth $50,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in Keysight Technologies in the fourth quarter worth $52,000. Hedge funds and other institutional investors own 84.00% of the company’s stock.

NYSE:KEYS traded up $3.81 during mid-day trading on Thursday, reaching $141.26. 23,968 shares of the stock were exchanged, compared to its average volume of 1,177,349. The business has a fifty day moving average price of $147.01 and a 200 day moving average price of $168.85. The firm has a market capitalization of $25.71 billion, a PE ratio of 24.86, 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. The company has a current ratio of 2.86, a quick ratio of 2.39 and a debt-to-equity ratio of 0.47.

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

In other Keysight Technologies news, SVP Jeffrey K. Li sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, March 30th. The stock was sold at an average price of $162.34, for a total transaction of $487,020.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kevin A. Stephens purchased 1,000 shares of Keysight Technologies stock in a transaction dated Thursday, March 24th. The shares were purchased at an average price of $158.92 per share, with a total value of $158,920.00. The disclosure for this purchase can be found here. Company insiders own 0.52% of the company’s stock.

Several equities research analysts have weighed in on KEYS shares. StockNews.com started coverage on Keysight Technologies in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research lowered Keysight Technologies from a “buy” rating to a “hold” rating and set a $145.00 target price on the stock. in a research report on Monday. JPMorgan Chase & Co. lowered their price target on Keysight Technologies from $230.00 to $200.00 in a report on Wednesday, May 18th. Deutsche Bank Aktiengesellschaft raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a report on Friday, March 11th. Finally, Morgan Stanley lowered their price target on Keysight Technologies from $190.00 to $180.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 12th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $193.00.

Keysight Technologies Company Profile (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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