BB&T Corp raised its position in Keysight Technologies Inc (NYSE:KEYS) by 67.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,230 shares of the scientific and technical instruments company’s stock after buying an additional 2,114 shares during the period. BB&T Corp’s holdings in Keysight Technologies were worth $508,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cornerstone Advisors Inc. bought a new position in Keysight Technologies in the second quarter valued at about $30,000. Squar Milner Financial Services LLC increased its stake in shares of Keysight Technologies by 328.4% in the third quarter. Squar Milner Financial Services LLC now owns 317 shares of the scientific and technical instruments company’s stock valued at $30,000 after buying an additional 243 shares during the period. Johnson Financial Group Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at about $35,000. Flagship Harbor Advisors LLC increased its stake in shares of Keysight Technologies by 165.7% in the third quarter. Flagship Harbor Advisors LLC now owns 372 shares of the scientific and technical instruments company’s stock valued at $36,000 after buying an additional 232 shares during the period. Finally, CWM LLC increased its stake in shares of Keysight Technologies by 69.3% in the third quarter. CWM LLC now owns 381 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 156 shares during the period. Hedge funds and other institutional investors own 86.59% of the company’s stock.

In related news, SVP Ingrid A. Estrada sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, September 27th. The stock was sold at an average price of $100.00, for a total transaction of $350,000.00. Following the completion of the sale, the senior vice president now owns 73,159 shares of the company’s stock, valued at $7,315,900. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jay Alexander sold 18,067 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $94.01, for a total value of $1,698,478.67. The disclosure for this sale can be found here. Insiders have sold 24,167 shares of company stock valued at $2,299,535 in the last ninety days. 0.65% of the stock is currently owned by insiders.

Several brokerages have recently weighed in on KEYS. Goldman Sachs Group cut Keysight Technologies from a “buy” rating to a “neutral” rating and set a $86.00 price target for the company. in a research note on Sunday, July 21st. Deutsche Bank reissued a “buy” rating and issued a $115.00 price target (up previously from $110.00) on shares of Keysight Technologies in a research note on Thursday, August 22nd. Susquehanna Bancshares began coverage on Keysight Technologies in a research note on Friday, October 18th. They issued a “positive” rating and a $115.00 price target for the company. Robert W. Baird raised Keysight Technologies from a “neutral” rating to an “outperform” rating and increased their price target for the company from $82.00 to $100.00 in a research note on Thursday, August 22nd. Finally, Citigroup set a $100.00 price target on Keysight Technologies and gave the company a “buy” rating in a research note on Friday, August 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $100.70.

Shares of KEYS stock opened at $105.25 on Friday. The stock has a market cap of $19.53 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 2.26 and a beta of 1.27. The stock has a 50-day moving average of $99.00 and a 200-day moving average of $90.64. The company has a current ratio of 2.05, a quick ratio of 1.56 and a debt-to-equity ratio of 0.44. Keysight Technologies Inc has a 1-year low of $53.21 and a 1-year high of $105.62.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Wednesday, August 21st. The scientific and technical instruments company reported $1.17 EPS for the quarter, topping the consensus estimate of $0.95 by $0.22. Keysight Technologies had a return on equity of 28.65% and a net margin of 7.38%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the firm posted $0.89 earnings per share. The firm’s revenue was up 7.9% on a year-over-year basis. Sell-side analysts forecast that Keysight Technologies Inc will post 4.23 earnings per share for the current year.

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.

See Also: What is the QQQ ETF?

Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc (NYSE:KEYS).

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

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.