Mn Services Vermogensbeheer B.V. Sells 5,000 Shares of Keysight Technologies Inc. (NYSE:KEYS)

Mn Services Vermogensbeheer B.V. reduced its stake in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 7.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,303 shares of the scientific and technical instruments company's stock after selling 5,000 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Keysight Technologies were worth $9,481,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Central Pacific Bank Trust Division boosted its position in shares of Keysight Technologies by 97.8% during the 1st 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 in the last quarter. Venturi Wealth Management LLC lifted its stake in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after buying an additional 133 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of 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 buying an additional 191 shares in the last quarter. Quarry LP grew its position in shares of Keysight Technologies by 188.1% during 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. Finally, Huntington National Bank increased its stake in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock valued at $127,000 after acquiring an additional 216 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 658 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer now owns 115,576 shares of the company's stock, valued at approximately $18,235,581.28. This represents a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP John Page sold 7,368 shares of the company's 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 transaction, the senior vice president now owns 36,986 shares of the company's stock, 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. Insiders have sold 13,247 shares of company stock worth $2,086,720 over the last 90 days. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS traded down $0.73 during midday trading on Friday, reaching $159.41. 450,210 shares of the company traded hands, compared to its average volume of 1,114,446. The firm's fifty day moving average price is $153.28 and its two-hundred day moving average price is $159.33. The firm has a market capitalization of $27.44 billion, a price-to-earnings ratio of 37.39, a price-to-earnings-growth ratio of 2.18 and a beta of 1.09. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. Keysight Technologies Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last released its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating 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 firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period in the previous year, the business earned $1.41 EPS. The business's revenue for the quarter was up 7.4% on a year-over-year basis. On average, equities analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on KEYS. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Morgan Stanley upped their price target on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 13th. Bank of America increased their price target on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a report on Wednesday, May 21st. Finally, Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target 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.