Swiss National Bank Has $88.42 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Swiss National Bank decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 555,800 shares of the scientific and technical instruments company’s stock after selling 18,000 shares during the period. Swiss National Bank’s holdings in Keysight Technologies were worth $88,422,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Venturi Wealth Management LLC boosted its holdings in shares of Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 159 shares during the period. Everence Capital Management Inc. boosted its holdings in shares of Keysight Technologies by 161.6% during the fourth quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock worth $3,193,000 after acquiring an additional 12,400 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Keysight Technologies by 45.5% during the third quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock worth $37,390,000 after acquiring an additional 88,406 shares during the period. Coldstream Capital Management Inc. grew its position in shares of Keysight Technologies by 5.7% in the third quarter. Coldstream Capital Management Inc. now owns 2,778 shares of the scientific and technical instruments company’s stock valued at $368,000 after purchasing an additional 151 shares during the last quarter. Finally, Nordea Investment Management AB increased its stake in shares of Keysight Technologies by 27.6% during the third quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company’s stock worth $96,209,000 after purchasing an additional 155,226 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Kailash Narayanan sold 4,300 shares of the firm’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the sale, the senior vice president now directly owns 29,156 shares of the company’s stock, valued at $4,457,369.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 1.5 %

KEYS stock opened at $149.18 on Friday. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The business has a 50-day simple moving average of $152.59 and a 200 day simple moving average of $147.36. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. The company has a market cap of $26.04 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 6.76 and a beta of 1.06.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. The company had revenue of $1.26 billion during 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 quarterly revenue was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.72 EPS. Sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.4 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on KEYS. Barclays boosted their price target on Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, Citigroup raised their price target 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. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus 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.