Plato Investment Management Ltd Has $546,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Plato Investment Management Ltd grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 62.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,440 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,321 shares during the period. Plato Investment Management Ltd’s holdings in Keysight Technologies were worth $546,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of KEYS. Speece Thorson Capital Group Inc. grew its holdings in Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of Keysight Technologies by 318.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock worth $7,835,000 after purchasing an additional 37,528 shares in the last quarter. Geneva Capital Management LLC grew its stake in shares of Keysight Technologies by 2.9% during the third quarter. Geneva Capital Management LLC now owns 226,866 shares of the scientific and technical instruments company’s stock valued at $36,056,000 after purchasing an additional 6,479 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Keysight Technologies by 2.3% in the third quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company’s stock valued at $22,372,000 after purchasing an additional 3,174 shares in the last quarter. Finally, Meridian Management Co. raised its position in Keysight Technologies by 6.3% in the 3rd quarter. Meridian Management Co. now owns 22,225 shares of the scientific and technical instruments company’s stock worth $3,532,000 after purchasing an additional 1,321 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

KEYS opened at $153.66 on Friday. The company has a fifty day simple moving average of $155.05 and a 200 day simple moving average of $145.93. The company has a quick ratio of 1.52, a current ratio of 2.05 and a debt-to-equity ratio of 0.23. The stock has a market cap of $26.67 billion, a P/E ratio of 29.55, a P/E/G ratio of 4.65 and a beta of 0.98. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $166.28.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. Keysight Technologies’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.04 EPS. On average, research analysts expect that Keysight Technologies, Inc. will post 5.43 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Susquehanna lowered their target price on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Bank of America upped their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the company an “underperform” rating in a research report on Wednesday, August 21st. Vertical Research began coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $170.89.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now owns 42,160 shares in the company, valued at approximately $6,576,960. The trade was a 3.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is currently owned by company insiders.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.