Fenimore Asset Management Inc buys $26,809,752 stake in Keysight Technologies Inc (KEYS)

Keysight Technologies Inc (KEYS) : Fenimore Asset Management Inc scooped up 141,250 additional shares in Keysight Technologies Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 12, 2016. The investment management firm now holds a total of 860,390 shares of Keysight Technologies Inc which is valued at $26,809,752.Keysight Technologies Inc makes up approximately 1.31% of Fenimore Asset Management Inc’s portfolio.

Other Hedge Funds, Including , Legal General Group Plc boosted its stake in KEYS in the latest quarter, The investment management firm added 10,754 additional shares and now holds a total of 626,101 shares of Keysight Technologies Inc which is valued at $19,509,307. Keysight Technologies Inc makes up approx 0.02% of Legal General Group Plc’s portfolio. Cutler Group Lp added KEYS to its portfolio by purchasing 2,363 company shares during the most recent quarter which is valued at $74,222. First Mercantile Trust Co added KEYS to its portfolio by purchasing 9,500 company shares during the most recent quarter which is valued at $297,160. Keysight Technologies Inc makes up approx 0.04% of First Mercantile Trust Co’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in KEYS by selling 57,363 shares or 63.73% in the most recent quarter. The Hedge Fund company now holds 32,643 shares of KEYS which is valued at $1,030,213.

Keysight Technologies Inc closed down -0.25 points or -0.80% at $31.16 with 4,65,761 shares getting traded on Tuesday. Post opening the session at $31.18, the shares hit an intraday low of $30.99 and an intraday high of $31.41 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Keysight Technologies Inc reported $0.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 17, 2016. Analyst had a consensus of $0.60. The company had revenue of $718.00 million for the quarter, compared to analysts expectations of $718.89 million. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.

Many Wall Street Analysts have commented on Keysight Technologies Inc. Company shares were Upgraded by Deutsche Bank on Sep 19, 2016 to ” Buy”, Firm has raised the Price Target to $ 33 from a previous price target of $25 .

Keysight Technologies Inc provides electronic measurement solutions to the communications and electronics industries. The Company provides electronic measurement instruments and systems and related software software design tools and related services that are used in the design development manufacture installation deployment and operation of electronics equipment. The Company also offers customization consulting and optimization services throughout the customer’s product lifecycle. The Company’s measurement solutions business provides electronic measurement instruments and systems and related software and software design tools that are used in the design development manufacture installation deployment and operation of electronics equipment. It provides start-up assistance consulting optimization and application support throughout the customer’s product lifecycle.

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