Brown Advisory Inc. Trims Stake in Keysight Technologies Inc. (NYSE:KEYS)

Brown Advisory Inc. lessened its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 56.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,209 shares of the scientific and technical instruments company's stock after selling 2,810 shares during the quarter. Brown Advisory Inc.'s holdings in Keysight Technologies were worth $331,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Central Pacific Bank Trust Division raised its stake 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 worth $27,000 after purchasing an additional 90 shares during the last quarter. Private Trust Co. NA raised its stake in shares of 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 worth $39,000 after purchasing an additional 75 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of 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 worth $44,000 after purchasing an additional 191 shares during the last quarter. Goodman Advisory Group LLC purchased a new position in Keysight Technologies during the first quarter valued at approximately $51,000. Finally, Quarry LP raised its position in Keysight Technologies by 188.1% during 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.

Wall Street Analyst Weigh In

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

Keysight Technologies Price Performance

KEYS traded up $2.63 during trading on Thursday, hitting $162.89. The company's stock had a trading volume of 232,870 shares, compared to its average volume of 1,091,190. The company has a current ratio of 3.39, a quick ratio of 2.75 and a debt-to-equity ratio of 0.46. Keysight Technologies Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The business's fifty day simple moving average is $161.63 and its 200 day simple moving average is $158.82. The firm has a market capitalization of $28.03 billion, a price-to-earnings ratio of 38.20, a P/E/G ratio of 2.21 and a beta of 1.09.

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

Insider Transactions at Keysight Technologies

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 transaction, the director owned 42,160 shares of the company's stock, valued at approximately $6,829,920. The trade was a 3.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 directly owned 108,590 shares in the company, 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. Over 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.

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.