Connor Clark & Lunn Investment Management Ltd. lessened its holdings in shares of Keysight Technologies Inc (NYSE:KEYS) by 8.3% in the first quarter, HoldingsChannel reports. The firm owned 125,775 shares of the scientific and technical instruments company’s stock after selling 11,375 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Keysight Technologies were worth $10,968,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Parkside Financial Bank & Trust increased its position in Keysight Technologies by 41.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock worth $33,000 after purchasing an additional 154 shares in the last quarter. Securian Asset Management Inc increased its position in Keysight Technologies by 0.9% during the 1st quarter. Securian Asset Management Inc now owns 19,454 shares of the scientific and technical instruments company’s stock worth $1,696,000 after purchasing an additional 175 shares in the last quarter. Dean Investment Associates LLC increased its position in Keysight Technologies by 1.0% during the 4th quarter. Dean Investment Associates LLC now owns 18,332 shares of the scientific and technical instruments company’s stock worth $1,138,000 after purchasing an additional 183 shares in the last quarter. Nissay Asset Management Corp Japan ADV increased its position in Keysight Technologies by 1.3% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 15,632 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 201 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in Keysight Technologies by 37.4% during the 1st quarter. Parallel Advisors LLC now owns 860 shares of the scientific and technical instruments company’s stock worth $75,000 after purchasing an additional 234 shares in the last quarter. 89.44% of the stock is owned by hedge funds and other institutional investors.

KEYS has been the subject of a number of research analyst reports. TheStreet raised shares of Keysight Technologies from a “c+” rating to an “a-” rating in a research report on Thursday, February 21st. Jefferies Financial Group increased their target price on shares of Keysight Technologies to $100.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Deutsche Bank increased their target price on shares of Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Stifel Nicolaus increased their target price on shares of Keysight Technologies from $87.00 to $100.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 target price for the company in a research report on Tuesday, February 5th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $89.33.

Shares of NYSE:KEYS opened at $73.56 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.36. Keysight Technologies Inc has a 52-week low of $52.67 and a 52-week high of $93.77. The company has a market capitalization of $13.90 billion, a price-to-earnings ratio of 24.52 and a beta of 1.14.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Thursday, February 21st. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.09. Keysight Technologies had a net margin of 4.57% and a return on equity of 25.15%. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $978.22 million. On average, analysts anticipate that Keysight Technologies Inc will post 3.66 EPS for the current fiscal year.

In other Keysight Technologies news, VP John C. Skinner sold 4,671 shares of the stock in a transaction that occurred on Tuesday, February 26th. The shares were sold at an average price of $84.61, for a total value of $395,213.31. Following the completion of the sale, the vice president now owns 30,377 shares of the company’s stock, valued at $2,570,197.97. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jay Alexander sold 17,342 shares of the stock in a transaction that occurred on Monday, February 25th. The shares were sold at an average price of $84.52, for a total transaction of $1,465,745.84. Following the completion of the sale, the senior vice president now directly owns 78,720 shares of the company’s stock, valued at approximately $6,653,414.40. The disclosure for this sale can be found here. Insiders sold 99,707 shares of company stock valued at $8,455,884 in the last ninety days. 0.65% of the stock is owned by corporate insiders.

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Keysight Technologies Company Profile

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

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