Kintegral Advisory LLC Reduces Position in Keysight Technologies Inc. (NYSE:KEYS)

Kintegral Advisory LLC trimmed its position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 32.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,461 shares of the scientific and technical instruments company's stock after selling 11,996 shares during the quarter. Kintegral Advisory LLC's holdings in Keysight Technologies were worth $3,664,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division increased its holdings in shares of Keysight Technologies by 97.8% in 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 buying an additional 90 shares during the last quarter. Private Trust Co. NA grew its position 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 worth $39,000 after acquiring an additional 75 shares in the last quarter. Sunbelt Securities Inc. increased its stake in Keysight Technologies by 241.8% during the fourth 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. Goodman Advisory Group LLC purchased a new stake 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 purchasing an additional 284 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 4.3%

Shares of Keysight Technologies stock traded down $7.14 during trading on Friday, hitting $158.39. 478,793 shares of the stock traded hands, compared to its average volume of 1,103,254. Keysight Technologies Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The stock's fifty day simple moving average is $158.97 and its 200 day simple moving average is $158.80. The firm has a market cap of $27.26 billion, a P/E ratio of 37.18, a price-to-earnings-growth ratio of 2.28 and a beta of 1.09. 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 (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, beating the consensus estimate of $1.65 by $0.05. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The company's quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.41 EPS. On average, equities analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KEYS shares. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Bank of America lifted their price target on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research note on Thursday, May 22nd. Morgan Stanley upped 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. Finally, JPMorgan Chase & Co. upped their price objective 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 investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $183.00.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies 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 completion of the transaction, the senior vice president directly owned 108,590 shares in the company, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP John Page sold 7,368 shares of the firm's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the completion of the sale, the senior vice president owned 36,986 shares in the company, valued at $5,835,651.08. This represents a 16.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,830 shares of company stock worth $5,124,049. 0.61% of the stock is currently 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.