Skandinaviska Enskilda Banken AB publ Has $14.48 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 33.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,429 shares of the scientific and technical instruments company’s stock after purchasing an additional 27,447 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.06% of Keysight Technologies worth $14,479,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bradley Foster & Sargent Inc. CT grew its holdings in shares of Keysight Technologies by 0.4% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 13,421 shares of the scientific and technical instruments company’s stock valued at $2,296,000 after purchasing an additional 57 shares during the last quarter. Snowden Capital Advisors LLC boosted its position in Keysight Technologies by 2.9% during the 2nd quarter. Snowden Capital Advisors LLC now owns 2,524 shares of the scientific and technical instruments company’s stock worth $423,000 after buying an additional 71 shares during the period. Putnam Investments LLC boosted its position in Keysight Technologies by 0.4% during the 1st quarter. Putnam Investments LLC now owns 19,634 shares of the scientific and technical instruments company’s stock worth $3,170,000 after buying an additional 74 shares during the period. Heartland Bank & Trust Co boosted its position in Keysight Technologies by 1.3% during the 3rd quarter. Heartland Bank & Trust Co now owns 6,229 shares of the scientific and technical instruments company’s stock worth $824,000 after buying an additional 81 shares during the period. Finally, Clarius Group LLC boosted its position in Keysight Technologies by 3.7% during the 2nd quarter. Clarius Group LLC now owns 2,281 shares of the scientific and technical instruments company’s stock worth $382,000 after buying an additional 82 shares during the period. 81.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on KEYS shares. Citigroup cut their target price on shares of Keysight Technologies from $174.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, November 13th. Barclays dropped their price target on shares of Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 21st. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. TheStreet upgraded shares of Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. Finally, Robert W. Baird boosted their price target on shares of Keysight Technologies from $155.00 to $160.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $171.18.

Read Our Latest Stock Analysis on KEYS

Keysight Technologies Stock Performance

NYSE:KEYS opened at $161.52 on Friday. The company has a fifty day moving average of $153.85 and a 200-day moving average of $141.67. The firm has a market capitalization of $28.21 billion, a P/E ratio of 27.28, a P/E/G ratio of 4.50 and a beta of 1.08. The company has a quick ratio of 1.87, a current ratio of 2.35 and a debt-to-equity ratio of 0.26. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $189.32.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its quarterly earnings data on Monday, November 20th. The scientific and technical instruments company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.12. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. Keysight Technologies had a net margin of 19.34% and a return on equity of 28.98%. Keysight Technologies’s revenue for the quarter was down 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.02 EPS. As a group, sell-side analysts anticipate that Keysight Technologies, Inc. will post 6.36 EPS for the current year.

Insider Activity

In other news, Director Ronald S. Nersesian sold 29,672 shares of Keysight Technologies stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $159.82, for a total value of $4,742,179.04. Following the completion of the sale, the director now owns 296,619 shares in the company, valued at approximately $47,405,648.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Keysight Technologies news, Director Ronald S. Nersesian sold 29,672 shares of the business’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $159.82, for a total transaction of $4,742,179.04. Following the completion of the sale, the director now owns 296,619 shares in the company, valued at approximately $47,405,648.58. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Cullen sold 4,869 shares of the business’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $146.47, for a total transaction of $713,162.43. Following the sale, the director now owns 20,730 shares of the company’s stock, valued at approximately $3,036,323.10. The disclosure for this sale can be found here. Insiders sold 76,402 shares of company stock worth $11,764,950 in the last quarter. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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