Thompson Davis & CO. Inc. Makes New $207,000 Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Thompson Davis & CO. Inc. purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,300 shares of the scientific and technical instruments company’s stock, valued at approximately $207,000.

Several other institutional investors have also recently made changes to their positions in KEYS. West Family Investments Inc. purchased a new position in Keysight Technologies in the third quarter worth approximately $304,000. PNC Financial Services Group Inc. grew its holdings in shares of Keysight Technologies by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock worth $8,522,000 after purchasing an additional 187 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth about $3,274,000. Caprock Group LLC lifted its position in Keysight Technologies by 10.2% in the third quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock valued at $486,000 after buying an additional 284 shares during the last quarter. Finally, Pathstone Holdings LLC boosted its stake in Keysight Technologies by 1.6% during the third quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock worth $2,791,000 after buying an additional 283 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $158.00 to $180.00 in a report on Monday, November 4th. Robert W. Baird dropped their price objective on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $170.89.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. This trade represents a 3.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Keysight Technologies Trading Up 0.5 %

NYSE KEYS opened at $152.16 on Wednesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $166.28. The firm has a 50 day moving average of $155.38 and a two-hundred day moving average of $145.97. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $26.41 billion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 4.38 and a beta of 0.98.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.35 by $0.22. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies’s revenue for the quarter was down 11.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.04 earnings per share. As a group, research analysts expect that Keysight Technologies, Inc. will post 5.48 EPS for the current fiscal year.

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.