Fiera Capital Corp Invests $847,000 in Keysight Technologies Inc (NYSE:KEYS)
by Mitch EdgemanFiera Capital Corp acquired a new stake in shares of Keysight Technologies Inc (NYSE:KEYS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,125 shares of the scientific and technical instruments company’s stock, valued at approximately $847,000.
Other institutional investors have also bought and sold shares of the company. Advisor Partners LLC lifted its position in Keysight Technologies by 2.5% during the fourth quarter. Advisor Partners LLC now owns 4,071 shares of the scientific and technical instruments company’s stock valued at $411,000 after purchasing an additional 99 shares during the last quarter. Lenox Wealth Management Inc. lifted its holdings in shares of Keysight Technologies by 16.9% during the 4th quarter. Lenox Wealth Management Inc. now owns 741 shares of the scientific and technical instruments company’s stock worth $76,000 after acquiring an additional 107 shares during the last quarter. MUFG Americas Holdings Corp grew its position in Keysight Technologies by 25.3% in the fourth quarter. MUFG Americas Holdings Corp now owns 535 shares of the scientific and technical instruments company’s stock worth $55,000 after acquiring an additional 108 shares in the last quarter. Global Retirement Partners LLC increased its stake in Keysight Technologies by 52.3% in the first quarter. Global Retirement Partners LLC now owns 326 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 112 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd raised its position in Keysight Technologies by 25.7% during the first quarter. Harvest Fund Management Co. Ltd now owns 572 shares of the scientific and technical instruments company’s stock valued at $47,000 after purchasing an additional 117 shares in the last quarter. Institutional investors and hedge funds own 86.68% of the company’s stock.
KEYS opened at $102.06 on Monday. The company has a current ratio of 3.39, a quick ratio of 2.64 and a debt-to-equity ratio of 0.61. The company has a market cap of $19.13 billion, a price-to-earnings ratio of 29.08, a price-to-earnings-growth ratio of 2.56 and a beta of 1.09. The stock has a fifty day simple moving average of $94.46 and a two-hundred day simple moving average of $97.98. Keysight Technologies Inc has a 12-month low of $71.03 and a 12-month high of $110.00.
Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, February 24th. The scientific and technical instruments company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.98 by $0.28. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.06 billion. Keysight Technologies had a net margin of 15.26% and a return on equity of 29.65%. Keysight Technologies’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 earnings per share. On average, analysts predict that Keysight Technologies Inc will post 4.48 EPS for the current year.
A number of equities research analysts have recently weighed in on the stock. Deutsche Bank boosted their price objective on shares of Keysight Technologies from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Keysight Technologies in a research note on Wednesday, March 4th. Susquehanna Bancshares reaffirmed a “buy” rating and set a $127.00 price objective on shares of Keysight Technologies in a research note on Sunday, May 3rd. JPMorgan Chase & Co. started coverage on Keysight Technologies in a research note on Tuesday, April 14th. They issued a “neutral” rating and a $112.00 target price for the company. Finally, ValuEngine upgraded Keysight Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Keysight Technologies presently has an average rating of “Buy” and a consensus price target of $109.82.
About Keysight Technologies
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
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