Lateef Investment Management L.P. decreased its position in Keysight Technologies Inc. (NYSE:KEYS) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 878,217 shares of the scientific and technical instruments company’s stock after selling 19,692 shares during the quarter. Keysight Technologies accounts for 3.3% of Lateef Investment Management L.P.’s portfolio, making the stock its 12th largest position. Lateef Investment Management L.P. owned about 0.47% of Keysight Technologies worth $36,587,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cadence Capital Management LLC lifted its position in Keysight Technologies by 1.1% in the second quarter. Cadence Capital Management LLC now owns 6,167 shares of the scientific and technical instruments company’s stock valued at $240,000 after purchasing an additional 66 shares during the last quarter. Bank of Montreal Can lifted its position in Keysight Technologies by 2.5% in the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock valued at $349,000 after purchasing an additional 217 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Keysight Technologies by 0.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 26,956 shares of the scientific and technical instruments company’s stock valued at $1,049,000 after purchasing an additional 228 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in Keysight Technologies by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 35,167 shares of the scientific and technical instruments company’s stock valued at $1,369,000 after purchasing an additional 367 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Keysight Technologies by 7.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,405 shares of the scientific and technical instruments company’s stock valued at $288,000 after purchasing an additional 534 shares during the last quarter. Institutional investors own 89.20% of the company’s stock.

KEYS has been the subject of several recent research reports. Credit Suisse Group boosted their price objective on Keysight Technologies from $45.50 to $49.00 and gave the company an “outperform” rating in a research report on Thursday, August 31st. Robert W. Baird restated a “buy” rating and set a $47.00 target price on shares of Keysight Technologies in a report on Friday, August 25th. Citigroup restated a “buy” rating and set a $50.00 target price (up previously from $49.00) on shares of Keysight Technologies in a report on Friday, September 1st. Stifel Nicolaus restated a “hold” rating and set a $40.00 target price on shares of Keysight Technologies in a report on Friday, September 1st. Finally, TheStreet upgraded Keysight Technologies from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Keysight Technologies presently has a consensus rating of “Buy” and a consensus target price of $47.33.

In related news, insider Ronald S. Nersesian sold 58,931 shares of the company’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $41.64, for a total value of $2,453,886.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.23% of the stock is owned by corporate insiders.

Shares of Keysight Technologies Inc. (NYSE KEYS) traded down $0.11 during trading on Thursday, hitting $42.08. The company had a trading volume of 1,150,600 shares, compared to its average volume of 864,592. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.04 and a current ratio of 2.75. The company has a market capitalization of $7,820.67, a P/E ratio of 19.18, a PEG ratio of 2.16 and a beta of 1.13. Keysight Technologies Inc. has a one year low of $35.05 and a one year high of $45.65.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.12. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. equities analysts predict that Keysight Technologies Inc. will post 2.2 EPS for the current year.

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Keysight Technologies Company Profile

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.

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

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