Keysight Technologies Inc. (NYSE:KEYS) Shares Acquired by IFM Investors Pty Ltd

IFM Investors Pty Ltd raised its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 11.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,176 shares of the scientific and technical instruments company's stock after acquiring an additional 3,488 shares during the period. IFM Investors Pty Ltd's holdings in Keysight Technologies were worth $5,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Central Pacific Bank Trust Division boosted its stake in 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 acquiring an additional 90 shares in the last quarter. Private Trust Co. NA boosted its stake in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after acquiring an additional 75 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in Keysight Technologies by 241.8% in the fourth quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock valued at $44,000 after acquiring an additional 191 shares in the last quarter. Goodman Advisory Group LLC acquired a new position in Keysight Technologies in the first quarter valued at $51,000. Finally, Quarry LP boosted its stake in Keysight Technologies by 188.1% in the fourth 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 in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Ingrid A. Estrada sold 10,000 shares of the business's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the sale, the senior vice president directly owned 108,590 shares in the company, valued at $17,262,552.30. The trade was a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the business's stock in a transaction dated 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 sale, the director owned 42,160 shares in the company, valued at $6,829,920. This represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,830 shares of company stock worth $5,124,049. Company insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

KEYS traded down $4.63 during trading on Monday, hitting $162.42. The stock had a trading volume of 744,702 shares, compared to its average volume of 1,101,998. 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 firm has a market capitalization of $27.95 billion, a P/E ratio of 38.13, a PEG ratio of 2.28 and a beta of 1.09. The company's 50-day moving average price is $158.97 and its 200 day moving average price is $158.79. Keysight Technologies Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

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 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the prior year, the company posted $1.41 EPS. The business's revenue for the quarter was up 7.4% on a year-over-year basis. On average, equities research analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 13th. Bank of America lifted their target price on Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research note on Thursday, May 22nd. Finally, Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $183.00.

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.