B. Metzler seel. Sohn & Co. Holding AG Invests $3.27 Million in Keysight Technologies, Inc. (NYSE:KEYS)

B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the third quarter, Holdings Channel reports. The fund purchased 20,598 shares of the scientific and technical instruments company’s stock, valued at approximately $3,274,000.

Several other institutional investors have also bought and sold shares of the stock. Swedbank AB lifted its holdings in shares of Keysight Technologies by 3.8% in the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after buying an additional 151,446 shares during the period. Natixis Advisors LLC boosted its position in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Capital International Sarl bought a new stake in shares of Keysight Technologies in the 1st quarter worth approximately $2,434,000. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in Keysight Technologies by 172.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock valued at $6,565,000 after purchasing an additional 26,577 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $165.48 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The firm has a market cap of $28.72 billion, a P/E ratio of 31.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.98. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $168.46. The firm’s 50-day simple moving average is $155.72 and its 200-day simple moving average is $146.10.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on KEYS shares. JPMorgan Chase & Co. increased their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday. Bank of America upped their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $177.30.

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.