Tredje AP fonden lessened its position in Keysight Technologies Inc (NYSE:KEYS) by 20.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 11,065 shares of the scientific and technical instruments company’s stock after selling 2,849 shares during the period. Tredje AP fonden’s holdings in Keysight Technologies were worth $926,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in shares of Keysight Technologies by 0.5% in the first quarter. State Street Corp now owns 7,821,212 shares of the scientific and technical instruments company’s stock worth $654,479,000 after acquiring an additional 35,949 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Keysight Technologies by 1.0% during the first quarter. JPMorgan Chase & Co. now owns 4,863,942 shares of the scientific and technical instruments company’s stock worth $407,014,000 after purchasing an additional 48,296 shares in the last quarter. Nuveen Asset Management LLC grew its position in Keysight Technologies by 9.5% in the fourth quarter. Nuveen Asset Management LLC now owns 3,867,190 shares of the scientific and technical instruments company’s stock worth $396,890,000 after buying an additional 335,846 shares during the last quarter. Geode Capital Management LLC grew its position in Keysight Technologies by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 3,114,136 shares of the scientific and technical instruments company’s stock worth $319,040,000 after buying an additional 62,105 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of Keysight Technologies by 19.9% in the first quarter. Franklin Resources Inc. now owns 1,955,827 shares of the scientific and technical instruments company’s stock worth $163,664,000 after buying an additional 324,133 shares during the period. Institutional investors own 86.85% of the company’s stock.

KEYS traded down $2.53 during mid-day trading on Friday, reaching $97.86. The stock had a trading volume of 14,469 shares, compared to its average volume of 2,459,843. The company has a debt-to-equity ratio of 0.62, a quick ratio of 2.67 and a current ratio of 3.47. Keysight Technologies Inc has a 52 week low of $77.93 and a 52 week high of $110.00. The stock has a market capitalization of $18.68 billion, a P/E ratio of 32.43, a P/E/G ratio of 3.40 and a beta of 1.12. The firm’s fifty day simple moving average is $101.71 and its two-hundred day simple moving average is $97.63.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Tuesday, May 26th. The scientific and technical instruments company reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.93 by ($0.15). Keysight Technologies had a return on equity of 26.33% and a net margin of 14.01%. The business had revenue of $892.00 million for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the firm earned $1.22 earnings per share. The company’s quarterly revenue was down 18.4% on a year-over-year basis. As a group, analysts expect that Keysight Technologies Inc will post 3.8 EPS for the current fiscal year.

In other Keysight Technologies news, Director Richard P. Hamada sold 2,438 shares of Keysight Technologies stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $102.00, for a total transaction of $248,676.00. Following the transaction, the director now directly owns 42,160 shares in the company, valued at $4,300,320. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Neil Dougherty sold 79,374 shares of Keysight Technologies stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $105.24, for a total value of $8,353,319.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 85,241 shares of company stock valued at $8,968,247. 0.42% of the stock is owned by insiders.

Several equities research analysts have recently issued reports on KEYS shares. Susquehanna Bancshares reiterated a “buy” rating and set a $130.00 price target on shares of Keysight Technologies in a report on Thursday, June 18th. Bank of America cut their price objective on shares of Keysight Technologies from $105.00 to $102.00 and set a “neutral” rating for the company in a research report on Monday, May 18th. Credit Suisse Group reissued a “buy” rating and set a $125.00 target price on shares of Keysight Technologies in a research report on Tuesday, May 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $112.00 to $127.00 in a report on Monday, June 1st. Finally, ValuEngine raised Keysight Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, March 3rd. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $114.80.

Keysight Technologies 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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