Planned Solutions Inc. Invests $107,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Planned Solutions Inc. acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 675 shares of the scientific and technical instruments company’s stock, valued at approximately $107,000.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in shares of Keysight Technologies by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company’s stock valued at $3,214,409,000 after buying an additional 153,857 shares during the period. BlackRock Inc. increased its position in shares of Keysight Technologies by 1.6% in the 2nd quarter. BlackRock Inc. now owns 17,693,221 shares of the scientific and technical instruments company’s stock valued at $2,962,730,000 after purchasing an additional 270,252 shares during the last quarter. State Street Corp raised its holdings in shares of Keysight Technologies by 1.9% in the 2nd quarter. State Street Corp now owns 8,029,013 shares of the scientific and technical instruments company’s stock valued at $1,344,458,000 after purchasing an additional 150,464 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Keysight Technologies by 7.6% during the first quarter. JPMorgan Chase & Co. now owns 4,264,113 shares of the scientific and technical instruments company’s stock worth $688,569,000 after purchasing an additional 302,273 shares in the last quarter. Finally, Mackenzie Financial Corp raised its stake in Keysight Technologies by 3.6% in the third quarter. Mackenzie Financial Corp now owns 3,912,631 shares of the scientific and technical instruments company’s stock valued at $513,728,000 after buying an additional 136,818 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $155.84 on Thursday. The stock has a 50 day simple moving average of $154.25 and a 200-day simple moving average of $143.50. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72. The company has a market cap of $27.20 billion, a price-to-earnings ratio of 28.59, a price-to-earnings-growth ratio of 6.98 and a beta of 1.05. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The firm’s revenue was down 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.72 earnings per share. On average, equities analysts forecast that Keysight Technologies, Inc. will post 5.39 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on KEYS shares. JPMorgan Chase & Co. downgraded Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. TheStreet raised shares of Keysight Technologies from a “c+” rating to a “b-” rating in a report on Wednesday, December 13th. Citigroup boosted their price objective on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research report on Wednesday, February 21st. Finally, Barclays lifted their price target on shares of Keysight Technologies from $134.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $160.63.

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.