Procurement News Notice |
|
| PNN | 3973 |
| Work Detail | Keysight Technologies Inc (KEYS) : State Farm Mutual Automobile Insurance Co reduced its stake in Keysight Technologies Inc by 8.88% during the most recent quarter end. The investment management company now holds a total of 1,991,939 shares of Keysight Technologies Inc which is valued at $58,403,651 after selling 194,100 shares in Keysight Technologies Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Keysight Technologies Inc makes up approximately 0.09% of State Farm Mutual Automobile Insurance Co’s portfolio. Other Hedge Funds, Including , Blackrock Japan Ltd reduced its stake in KEYS by selling 96,071 shares or 89.1% in the most recent quarter. The Hedge Fund company now holds 11,757 shares of KEYS which is valued at $344,715. Keybank National Associationoh sold out all of its stake in KEYS during the most recent quarter. The investment firm sold 7,718 shares of KEYS which is valued $226,292. Amica Mutual Insurance Co sold out all of its stake in KEYS during the most recent quarter. The investment firm sold 13,287 shares of KEYS which is valued $380,141. Keysight Technologies Inc closed down -0.01 points or -0.03% at $30.29 with 6,52,414 shares getting traded on Tuesday. Post opening the session at $30.38, the shares hit an intraday low of $30.27 and an intraday high of $30.62 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. 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. |
| Country | United States , Northern America |
| Industry | Financial Services |
| Entry Date | 03 Sep 2016 |
| Source | http://www.thefoundersdaily.com/state-farm-mutual-automobile-insurance-co-lowers-stake-in-keysight-technologies-inc-keys/657343/ |
