TIAA CREF Investment Management LLC grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 7.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 706,642 shares of the scientific and technical instruments company’s stock after buying an additional 50,467 shares during the quarter. TIAA CREF Investment Management LLC owned 0.38% of Keysight Technologies worth $27,510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. OLD Mutual Customised Solutions Proprietary Ltd. grew its stake in shares of Keysight Technologies by 171.4% during the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 3,800 shares of the scientific and technical instruments company’s stock valued at $137,000 after buying an additional 2,400 shares during the last quarter. Creative Planning grew its stake in shares of Keysight Technologies by 1.2% during the second quarter. Creative Planning now owns 5,450 shares of the scientific and technical instruments company’s stock valued at $212,000 after buying an additional 63 shares during the last quarter. Starfire Investment Advisers Inc. bought a new position in shares of Keysight Technologies during the second quarter valued at approximately $214,000. Cadence Capital Management LLC grew its stake in shares of Keysight Technologies by 2.6% during the first quarter. Cadence Capital Management LLC now owns 6,101 shares of the scientific and technical instruments company’s stock valued at $220,000 after buying an additional 157 shares during the last quarter. Finally, New England Research & Management Inc. bought a new position in shares of Keysight Technologies during the second quarter valued at approximately $222,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Keysight Technologies Inc. (NYSE KEYS) opened at 40.50 on Friday. The stock has a market cap of $7.53 billion, a price-to-earnings ratio of 30.89 and a beta of 1.15. The company has a 50 day moving average price of $40.88 and a 200-day moving average price of $39.03. Keysight Technologies Inc. has a one year low of $30.65 and a one year high of $43.15.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, topping the Thomson Reuters’ 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 net margin of 7.58% and a return on equity of 20.85%. The company’s quarterly revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.63 earnings per share. Equities analysts predict that Keysight Technologies Inc. will post $2.47 earnings per share for the current fiscal year.

KEYS has been the topic of a number of analyst reports. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Bank of America Corporation reaffirmed a “buy” rating and set a $47.00 target price on shares of Keysight Technologies in a research note on Friday, June 2nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $50.00 target price on shares of Keysight Technologies in a research note on Thursday, June 1st. Citigroup Inc. initiated coverage on Keysight Technologies in a research note on Tuesday, May 30th. They set a “buy” rating and a $44.00 target price on the stock. Finally, Deutsche Bank AG set a $46.00 target price on Keysight Technologies and gave the company a “buy” rating in a research note on Wednesday, June 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Keysight Technologies has an average rating of “Buy” and an average target price of $46.60.

In related news, SVP Soon Chai Gooi sold 65,986 shares of the business’s stock in a transaction on Wednesday, June 28th. The shares were sold at an average price of $38.70, for a total value of $2,553,658.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John C. Skinner sold 15,058 shares of the business’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total transaction of $614,215.82. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 83,721 shares of company stock valued at $3,279,398. Corporate insiders own 1.23% of the company’s stock.

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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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