Mn Services Vermogensbeheer B.V. Has $10.67 Million Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Mn Services Vermogensbeheer B.V. decreased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,103 shares of the scientific and technical instruments company’s stock after selling 1,600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Keysight Technologies were worth $10,665,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. QRG Capital Management Inc. grew its position in shares of Keysight Technologies by 8.7% during the 3rd quarter. QRG Capital Management Inc. now owns 18,818 shares of the scientific and technical instruments company’s stock worth $2,991,000 after buying an additional 1,504 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Keysight Technologies by 1.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 73,188 shares of the scientific and technical instruments company’s stock worth $11,632,000 after buying an additional 1,257 shares during the period. Forum Financial Management LP acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $222,000. Fort Pitt Capital Group LLC grew its position in shares of Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after buying an additional 254,985 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after buying an additional 7,106 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Robert W. Baird reduced their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Susquehanna reduced their price objective on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. Finally, Bank of America lifted their price objective on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus price target of $170.89.

Insider Transactions at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

Shares of KEYS opened at $154.89 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $162.51. The firm’s 50 day moving average price is $153.64 and its two-hundred day moving average price is $145.21. The firm has a market cap of $26.88 billion, a P/E ratio of 29.79, a PEG ratio of 4.48 and a beta of 0.98.

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

About Keysight Technologies

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.