Banque Cantonale Vaudoise Has $1.97 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Banque Cantonale Vaudoise cut its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 43.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,398 shares of the scientific and technical instruments company’s stock after selling 9,681 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Keysight Technologies were worth $1,970,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of KEYS. Caprock Group LLC grew its holdings in Keysight Technologies by 10.2% in the third quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock worth $486,000 after purchasing an additional 284 shares during the period. Pathstone Holdings LLC grew its holdings in Keysight Technologies by 1.6% in the third quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock worth $2,791,000 after purchasing an additional 283 shares during the period. LMR Partners LLP acquired a new stake in Keysight Technologies in the third quarter worth $14,339,000. Quest Partners LLC grew its holdings in Keysight Technologies by 20.5% in the third quarter. Quest Partners LLC now owns 9,860 shares of the scientific and technical instruments company’s stock worth $1,567,000 after purchasing an additional 1,675 shares during the period. Finally, Swiss National Bank grew its holdings in Keysight Technologies by 0.3% in the third quarter. Swiss National Bank now owns 518,000 shares of the scientific and technical instruments company’s stock worth $82,326,000 after purchasing an additional 1,300 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of research reports. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. JPMorgan Chase & Co. lifted 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. Barclays lifted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Stock Up 8.8 %

KEYS opened at $165.48 on Thursday. The firm has a market capitalization of $28.72 billion, a P/E ratio of 31.82, a PEG ratio of 4.38 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $168.46. The company’s 50-day moving average is $155.72 and its 200 day moving average is $146.10.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.04 earnings per share. Research analysts expect that Keysight Technologies, Inc. will post 5.48 earnings per share for the current fiscal year.

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.