Achmea Investment Management B.V. Boosts Stock Position in Keysight Technologies Inc. (NYSE:KEYS)

Achmea Investment Management B.V. boosted its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 128.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,107 shares of the scientific and technical instruments company's stock after purchasing an additional 9,606 shares during the quarter. Achmea Investment Management B.V.'s holdings in Keysight Technologies were worth $2,562,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division increased its holdings in Keysight Technologies by 97.8% during the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 90 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock worth $44,000 after purchasing an additional 191 shares during the last quarter. Quarry LP increased its holdings in shares of Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock valued at $70,000 after acquiring an additional 284 shares during the last quarter. ORG Wealth Partners LLC bought a new stake in shares of Keysight Technologies in the 1st quarter valued at approximately $73,000. Finally, Grove Bank & Trust increased its holdings in shares of Keysight Technologies by 1,355.8% in the 1st quarter. Grove Bank & Trust now owns 626 shares of the scientific and technical instruments company's stock valued at $94,000 after acquiring an additional 583 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of KEYS opened at $164.26 on Friday. The company has a market cap of $28.27 billion, a P/E ratio of 38.56, a PEG ratio of 2.24 and a beta of 1.09. The stock has a fifty day moving average price of $156.60 and a 200 day moving average price of $158.94. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.75. Keysight Technologies Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the business earned $1.41 EPS. The firm's revenue was up 7.4% on a year-over-year basis. On average, research analysts forecast that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on KEYS shares. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Bank of America boosted their price target on Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Finally, Morgan Stanley boosted their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $183.00.

Insiders Place Their Bets

In other Keysight Technologies news, Director Richard P. Hamada sold 1,589 shares of the business's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total transaction of $257,418.00. Following the completion of the transaction, the director now owns 42,160 shares in the company, valued at approximately $6,829,920. The trade was a 3.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the transaction, the senior vice president now owns 108,590 shares of the company's stock, valued at $17,262,552.30. This trade represents a 8.43% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,615 shares of company stock worth $3,113,460. 0.61% of the stock is owned by company insiders.

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.

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