Global Wealth Management Investment Advisory Inc. Takes Position in Keysight Technologies, Inc. (NYSE:KEYS)

Global Wealth Management Investment Advisory Inc. bought a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the second quarter, Holdings Channel.com reports. The fund bought 500 shares of the scientific and technical instruments company’s stock, valued at approximately $77,000.

Several other large investors have also bought and sold shares of KEYS. Jacobi Capital Management LLC lifted its stake in Keysight Technologies by 128.9% in the 1st quarter. Jacobi Capital Management LLC now owns 206 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 116 shares in the last quarter. Eagle Bay Advisors LLC purchased a new position in Keysight Technologies in the 2nd quarter valued at about $50,000. Prosperity Planning Inc. purchased a new position in Keysight Technologies in the 2nd quarter valued at about $68,000. Berman Capital Advisors LLC lifted its stake in Keysight Technologies by 95.9% in the 1st quarter. Berman Capital Advisors LLC now owns 476 shares of the scientific and technical instruments company’s stock valued at $67,000 after buying an additional 233 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its stake in Keysight Technologies by 44.5% in the 2nd quarter. O Shaughnessy Asset Management LLC now owns 503 shares of the scientific and technical instruments company’s stock valued at $78,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 83.59% of the company’s stock.

In related news, SVP Huei Sin Ee sold 8,256 shares of the firm’s stock in a transaction dated Tuesday, September 7th. The stock was sold at an average price of $180.79, for a total transaction of $1,492,602.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Satish Dhanasekaran sold 677 shares of the firm’s stock in a transaction dated Wednesday, July 21st. The shares were sold at an average price of $157.07, for a total value of $106,336.39. Following the transaction, the chief operating officer now owns 60,800 shares of the company’s stock, valued at $9,549,856. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

KEYS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price target on shares of Keysight Technologies from $158.00 to $179.00 and gave the company a “hold” rating in a research note on Monday, August 23rd. Susquehanna raised their target price on shares of Keysight Technologies from $178.00 to $190.00 and gave the stock a “positive” rating in a research note on Thursday, August 19th. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $189.00 target price on the stock in a research note on Friday, September 17th. Susquehanna Bancshares raised their target price on shares of Keysight Technologies from $178.00 to $190.00 and gave the stock a “positive” rating in a research note on Thursday, August 19th. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $155.00 to $175.00 and gave the stock an “outperform” rating in a research note on Thursday, August 19th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has a consensus rating of “Buy” and an average target price of $180.90.

Shares of NYSE KEYS opened at $176.72 on Thursday. The company has a 50 day simple moving average of $169.82 and a 200-day simple moving average of $153.44. The company has a market capitalization of $32.55 billion, a P/E ratio of 39.98, a P/E/G ratio of 2.82 and a beta of 0.94. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.19 and a quick ratio of 2.55. Keysight Technologies, Inc. has a 1 year low of $95.48 and a 1 year high of $182.49.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, August 17th. The scientific and technical instruments company reported $1.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.10. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.22 billion. Keysight Technologies had a net margin of 17.03% and a return on equity of 29.41%. The business’s revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.19 EPS. As a group, research analysts expect that Keysight Technologies, Inc. will post 5.55 EPS for the current year.

About Keysight Technologies

Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.

See Also: Initial Coin Offerings entail a high degree of risk

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS).

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.