ANTIPODES PARTNERS Ltd Increases Stock Holdings in Keysight Technologies Inc. (NYSE:KEYS)

ANTIPODES PARTNERS Ltd grew its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 49.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 935,490 shares of the scientific and technical instruments company's stock after purchasing an additional 309,345 shares during the period. Keysight Technologies comprises about 4.4% of ANTIPODES PARTNERS Ltd's portfolio, making the stock its 9th largest position. ANTIPODES PARTNERS Ltd owned about 0.54% of Keysight Technologies worth $140,120,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its position in shares of Keysight Technologies by 97.8% in the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after purchasing an additional 90 shares during the period. Private Trust Co. NA boosted its holdings in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after buying an additional 75 shares during the period. Sunbelt Securities Inc. boosted its holdings in Keysight Technologies by 241.8% in the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock worth $44,000 after buying an additional 191 shares during the period. Goodman Advisory Group LLC bought a new position in Keysight Technologies in the 1st quarter worth approximately $51,000. Finally, Quarry LP boosted its holdings in Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after buying an additional 284 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Price Performance

Keysight Technologies stock traded up $0.81 during mid-day trading on Friday, hitting $166.42. 766,651 shares of the company traded hands, compared to its average volume of 753,801. Keysight Technologies Inc. has a one year low of $119.72 and a one year high of $186.20. The stock has a market cap of $28.64 billion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 2.25 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.75 and a current ratio of 3.39. The stock has a fifty day moving average price of $162.13 and a 200-day moving average price of $158.93.

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

Insider Activity

In related news, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total value of $1,162,523.04. Following the transaction, the senior vice president directly owned 36,986 shares of the company's stock, valued at $5,835,651.08. The trade was a 16.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction on Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer directly owned 115,228 shares in the company, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 31,830 shares of company stock valued at $5,124,049. Insiders own 0.61% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on KEYS shares. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. Bank of America upgraded shares of Keysight Technologies from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $170.00 to $175.00 in a research report on Monday. Finally, Morgan Stanley raised their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $187.50.

Keysight Technologies 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.