Syon Capital LLC Buys 463 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Syon Capital LLC lifted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 27.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,152 shares of the scientific and technical instruments company’s stock after acquiring an additional 463 shares during the period. Syon Capital LLC’s holdings in Keysight Technologies were worth $342,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of KEYS. Venturi Wealth Management LLC increased its holdings in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 159 shares in the last quarter. Everence Capital Management Inc. increased its stake in Keysight Technologies by 161.6% during the 4th quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock worth $3,193,000 after purchasing an additional 12,400 shares in the last quarter. Lazard Asset Management LLC raised its holdings in Keysight Technologies by 45.5% during the 3rd quarter. Lazard Asset Management LLC now owns 282,601 shares of the scientific and technical instruments company’s stock worth $37,390,000 after buying an additional 88,406 shares during the period. Coldstream Capital Management Inc. lifted its stake in 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 buying an additional 151 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in Keysight Technologies by 27.6% in the third quarter. Nordea Investment Management AB now owns 718,297 shares of the scientific and technical instruments company’s stock valued at $96,209,000 after buying an additional 155,226 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $148.55 on Friday. The firm has a 50 day moving average of $152.86 and a 200-day moving average of $146.66. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72. The company has a current ratio of 1.93, a quick ratio of 1.44 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $25.93 billion, a PE ratio of 27.26, a PEG ratio of 6.73 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 EPS for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the firm earned $1.72 earnings per share. The business’s quarterly revenue was down 8.8% on a year-over-year basis. On average, equities research analysts predict that Keysight Technologies, Inc. will post 5.4 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on KEYS shares. Citigroup increased 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. JPMorgan Chase & Co. cut Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. Finally, Barclays upped 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 report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Hold” and an average price target of $160.63.

Insider Transactions at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the firm’s stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now 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 available at the SEC website. 0.60% of the stock is owned by company 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.