Robeco Institutional Asset Management B.V. Decreases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Robeco Institutional Asset Management B.V. decreased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 25.2% during the third quarter, Holdings Channel.com reports. The fund owned 187,548 shares of the scientific and technical instruments company’s stock after selling 63,222 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Keysight Technologies were worth $29,807,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. American National Bank & Trust purchased a new position in Keysight Technologies in the 3rd quarter worth $31,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth about $27,000. Larson Financial Group LLC purchased a new stake in Keysight Technologies in the first quarter valued at approximately $31,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth approximately $30,000. Finally, GPS Wealth Strategies Group LLC raised its position in Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 184 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In related news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research reports. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Bank of America upped their target price on Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Barclays upgraded Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $158.00 to $180.00 in a research report on Monday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.89.

Keysight Technologies Trading Up 0.9 %

Shares of NYSE:KEYS opened at $154.89 on Wednesday. The business’s 50 day moving average price is $153.64 and its 200-day moving average price is $145.21. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $162.51. The firm has a market capitalization of $26.88 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 4.48 and a beta of 0.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the business posted $2.04 earnings per share. The business’s quarterly revenue was down 11.9% compared to the same quarter last year. On average, equities research analysts forecast that Keysight Technologies, Inc. will post 5.43 earnings per share for the current fiscal year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.