Ameritas Investment Partners Inc. raised its stake in Keysight Technologies Inc (NYSE:KEYS) by 5.1% during the first quarter, Holdings Channel reports. The fund owned 53,918 shares of the scientific and technical instruments company’s stock after buying an additional 2,619 shares during the period. Ameritas Investment Partners Inc.’s holdings in Keysight Technologies were worth $1,949,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sowell Financial Services LLC purchased a new position in shares of Keysight Technologies during the fourth quarter worth $106,000. Salem Investment Counselors Inc. purchased a new position in shares of Keysight Technologies during the third quarter worth $102,000. Flinton Capital Management LLC purchased a new position in shares of Keysight Technologies during the fourth quarter worth $170,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Keysight Technologies by 13.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,581 shares of the scientific and technical instruments company’s stock worth $177,000 after buying an additional 664 shares in the last quarter. Finally, Cadence Capital Management LLC purchased a new position in shares of Keysight Technologies during the fourth quarter worth $217,000. Hedge funds and other institutional investors own 85.02% of the company’s stock.
Keysight Technologies Inc (NYSE:KEYS) traded up 0.11% during mid-day trading on Friday, reaching $37.49. The company had a trading volume of 764,216 shares. Keysight Technologies Inc has a 12 month low of $26.87 and a 12 month high of $39.49. The firm has a market capitalization of $6.43 billion, a P/E ratio of 16.96 and a beta of 1.14. The stock’s 50-day moving average is $37.29 and its 200 day moving average is $36.76.
A number of brokerages have recently weighed in on KEYS. TheStreet cut Keysight Technologies from a “b-” rating to a “c” rating in a research report on Wednesday, February 8th. Credit Suisse Group AG began coverage on Keysight Technologies in a research report on Monday, May 8th. They issued an “outperform” rating and a $44.00 price target for the company. Jefferies Group LLC raised their price target on Keysight Technologies from $42.00 to $45.00 and gave the company a “buy” rating in a research report on Friday, February 17th. Stifel Nicolaus restated a “hold” rating and issued a $36.00 price target on shares of Keysight Technologies in a research report on Wednesday, April 19th. Finally, Zacks Investment Research cut Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, February 23rd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Keysight Technologies has an average rating of “Buy” and an average target price of $40.57.
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.
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