Lmcg Investments LLC Has $6.87 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Lmcg Investments LLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 5.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 45,855 shares of the scientific and technical instruments company's stock after selling 2,765 shares during the quarter. Lmcg Investments LLC's holdings in Keysight Technologies were worth $6,868,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in 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 worth $27,000 after purchasing an additional 90 shares in the last quarter. Venturi Wealth Management LLC lifted its position in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after buying an additional 133 shares in the last quarter. Sunbelt Securities Inc. grew 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 acquiring an additional 191 shares during the last quarter. Quarry LP increased its position 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 valued at $70,000 after acquiring an additional 284 shares in the last quarter. Finally, Huntington National Bank raised its stake in shares of Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after acquiring an additional 216 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Trading Up 1.3%

Shares of NYSE:KEYS traded up $2.14 during mid-day trading on Friday, reaching $161.97. The stock had a trading volume of 671,785 shares, compared to its average volume of 1,122,069. The firm has a 50 day simple moving average of $148.36 and a two-hundred day simple moving average of $159.80. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market cap of $27.99 billion, a PE ratio of 46.28, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the business posted $1.41 earnings per share. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. On average, research analysts predict that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Satish Dhanasekaran sold 658 shares of the stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $103,819.24. Following the completion of the transaction, the chief executive officer now directly owns 115,576 shares in the company, valued at approximately $18,235,581.28. This trade represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 36,986 shares in the company, valued at approximately $5,835,651.08. This represents a 16.61% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,247 shares of company stock valued at $2,086,720. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KEYS has been the topic of several research analyst reports. Wall Street Zen cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Bank of America increased their price objective on Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research report on Thursday, May 22nd. Morgan Stanley lifted their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Robert W. Baird upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $172.00 to $177.00 and gave the stock 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's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $183.00.

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.