Los Angeles Capital Management & Equity Research Inc. grew its holdings in Keysight Technologies Inc. (NYSE:KEYS) by 13.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,098 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,600 shares during the period. Los Angeles Capital Management & Equity Research Inc.’s holdings in Keysight Technologies were worth $1,795,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its position in Keysight Technologies by 93.4% in the first quarter. Wellington Management Group LLP now owns 5,076,285 shares of the scientific and technical instruments company’s stock worth $183,456,000 after acquiring an additional 2,452,119 shares during the period. Spark Investment Management LLC raised its position in Keysight Technologies by 37.7% in the first quarter. Spark Investment Management LLC now owns 242,900 shares of the scientific and technical instruments company’s stock worth $8,778,000 after acquiring an additional 66,500 shares during the period. Morgan Stanley raised its position in Keysight Technologies by 101.4% in the first quarter. Morgan Stanley now owns 1,077,679 shares of the scientific and technical instruments company’s stock worth $38,949,000 after acquiring an additional 542,528 shares during the period. Denali Advisors LLC raised its position in Keysight Technologies by 9.7% in the second quarter. Denali Advisors LLC now owns 97,500 shares of the scientific and technical instruments company’s stock worth $3,796,000 after acquiring an additional 8,600 shares during the period. Finally, Eagle Asset Management Inc. bought a new position in Keysight Technologies in the second quarter worth approximately $27,072,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

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In other news, SVP Jay Alexander sold 11,663 shares of Keysight Technologies stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $38.50, for a total transaction of $449,025.50. Following the completion of the transaction, the senior vice president now owns 48,407 shares of the company’s stock, valued at approximately $1,863,669.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction on Friday, September 1st. The stock was sold at an average price of $40.79, for a total value of $614,215.82. The disclosure for this sale can be found here. Insiders have sold a total of 425,835 shares of company stock valued at $16,381,392 in the last ninety days. Corporate insiders own 1.23% of the company’s stock.

Several research firms have weighed in on KEYS. BidaskClub downgraded shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. ValuEngine downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Citigroup Inc. reiterated a “buy” rating and issued a $50.00 price target (up from $49.00) on shares of Keysight Technologies in a research report on Friday, September 1st. Robert W. Baird reiterated a “buy” rating and issued a $48.00 price target on shares of Keysight Technologies in a research report on Friday, September 1st. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $40.00 price target on shares of Keysight Technologies in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Keysight Technologies has a consensus rating of “Buy” and an average price target of $46.60.

Shares of Keysight Technologies Inc. (KEYS) opened at 41.37 on Friday. Keysight Technologies Inc. has a 52 week low of $29.84 and a 52 week high of $43.15. The stock has a market capitalization of $7.70 billion, a PE ratio of 31.56 and a beta of 1.15. The stock has a 50 day moving average of $40.89 and a 200-day moving average of $38.96.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.07. The business had revenue of $832.00 million during the quarter, compared to the consensus estimate of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The business’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.63 EPS. On average, equities research analysts expect that Keysight Technologies Inc. will post $2.47 EPS for the current year.

About Keysight Technologies

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

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

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