Keysight Technologies Inc (KEYS) Shares Bought by Columbus Circle Investors

Columbus Circle Investors increased its holdings in shares of Keysight Technologies Inc (NYSE:KEYS) by 9.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 459,773 shares of the scientific and technical instruments company’s stock after buying an additional 38,120 shares during the quarter. Columbus Circle Investors owned 0.25% of Keysight Technologies worth $30,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in KEYS. ELM Advisors LLC purchased a new stake in Keysight Technologies during the 3rd quarter valued at about $101,000. Dupont Capital Management Corp purchased a new stake in Keysight Technologies during the 2nd quarter valued at about $102,000. Qube Research & Technologies Ltd purchased a new stake in Keysight Technologies during the 2nd quarter valued at about $120,000. First Hawaiian Bank purchased a new stake in Keysight Technologies during the 3rd quarter valued at about $149,000. Finally, Cerebellum GP LLC purchased a new stake in Keysight Technologies during the 2nd quarter valued at about $179,000. Hedge funds and other institutional investors own 87.44% of the company’s stock.

In other news, CFO Neil Dougherty sold 3,999 shares of the company’s stock in a transaction dated Thursday, September 27th. The stock was sold at an average price of $65.57, for a total value of $262,214.43. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.97% of the stock is owned by corporate insiders.



Shares of KEYS opened at $56.51 on Tuesday. Keysight Technologies Inc has a 52 week low of $41.33 and a 52 week high of $70.40. The company has a current ratio of 2.42, a quick ratio of 1.75 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $10.97 billion, a PE ratio of 21.76 and a beta of 1.06.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Tuesday, August 21st. The scientific and technical instruments company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.10. Keysight Technologies had a return on equity of 20.58% and a net margin of 6.50%. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $961.91 million. During the same quarter in the prior year, the business earned $0.61 earnings per share. The company’s revenue was up 20.7% compared to the same quarter last year. On average, research analysts predict that Keysight Technologies Inc will post 2.88 EPS for the current fiscal year.

Several analysts have weighed in on KEYS shares. Citigroup boosted their price target on Keysight Technologies from $62.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, July 18th. Zacks Investment Research downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, August 1st. Robert W. Baird boosted their price target on Keysight Technologies from $61.00 to $73.00 and gave the company an “outperform” rating in a research note on Wednesday, August 22nd. Deutsche Bank boosted their price target on Keysight Technologies from $66.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, August 22nd. Finally, Credit Suisse Group boosted their price target on Keysight Technologies from $60.00 to $75.00 and gave the company an “outperform” rating in a research note on Wednesday, August 22nd. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $71.56.

Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) 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 laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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

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