Lombard Odier Asset Management Europe Ltd Has $3.87 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Lombard Odier Asset Management Europe Ltd raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYSGet Rating) by 30.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,517 shares of the scientific and technical instruments company’s stock after buying an additional 5,749 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Keysight Technologies were worth $3,873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. grew its holdings in Keysight Technologies by 8.9% during the 4th quarter. BlackRock Inc. now owns 17,896,462 shares of the scientific and technical instruments company’s stock worth $3,695,798,000 after acquiring an additional 1,463,852 shares during the last quarter. Norges Bank bought a new stake in shares of Keysight Technologies during the fourth quarter valued at approximately $233,400,000. Findlay Park Partners LLP raised its position in Keysight Technologies by 101.1% in the 1st quarter. Findlay Park Partners LLP now owns 894,865 shares of the scientific and technical instruments company’s stock worth $141,362,000 after purchasing an additional 449,957 shares during the last quarter. Marshall Wace LLP lifted its holdings in Keysight Technologies by 1,288.0% during the 4th quarter. Marshall Wace LLP now owns 299,535 shares of the scientific and technical instruments company’s stock worth $61,855,000 after buying an additional 277,954 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Keysight Technologies by 255.9% in the 1st quarter. Renaissance Technologies LLC now owns 346,600 shares of the scientific and technical instruments company’s stock valued at $54,752,000 after buying an additional 249,200 shares during the last quarter. 81.87% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Kevin A. Stephens acquired 500 shares of Keysight Technologies stock in a transaction dated Thursday, June 30th. The stock was bought at an average cost of $136.91 per share, with a total value of $68,455.00. Following the completion of the transaction, the director now directly owns 3,626 shares of the company’s stock, valued at $496,435.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.52% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of several research reports. Barclays upped their price target on Keysight Technologies from $151.00 to $179.00 and gave the company an “equal weight” rating in a research note on Thursday, August 18th. JPMorgan Chase & Co. reduced their target price on shares of Keysight Technologies from $200.00 to $176.00 and set an “overweight” rating on the stock in a research note on Thursday, July 14th. The Goldman Sachs Group boosted their price target on shares of Keysight Technologies from $165.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, August 18th. Citigroup raised their price objective on shares of Keysight Technologies from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Finally, Robert W. Baird increased their price target on Keysight Technologies from $169.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.23.

Keysight Technologies Trading Down 0.3 %

NYSE:KEYS opened at $172.36 on Friday. The business’s 50-day simple moving average is $159.38 and its 200-day simple moving average is $150.66. Keysight Technologies, Inc. has a fifty-two week low of $127.93 and a fifty-two week high of $209.08. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.02 and a quick ratio of 2.38. The stock has a market capitalization of $30.82 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 2.28 and a beta of 1.09.

Keysight Technologies (NYSE:KEYSGet Rating) last released its quarterly earnings results on Wednesday, August 17th. The scientific and technical instruments company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.24. Keysight Technologies had a net margin of 21.00% and a return on equity of 32.13%. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the prior year, the company earned $1.46 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. Sell-side analysts expect that Keysight Technologies, Inc. will post 6.85 earnings per share for the current fiscal year.

Keysight Technologies Profile

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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

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