Universal Beteiligungs und Servicegesellschaft mbH Sells 9,787 Shares of Keysight Technologies Inc. (NYSE:KEYS)

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 5.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 187,839 shares of the scientific and technical instruments company's stock after selling 9,787 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.11% of Keysight Technologies worth $28,133,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division raised its position 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 valued at $27,000 after purchasing an additional 90 shares during the period. Private Trust Co. NA increased its holdings in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after buying an additional 75 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of Keysight Technologies by 241.8% in the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock valued at $44,000 after purchasing an additional 191 shares in the last quarter. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the 1st quarter valued at $51,000. Finally, Quarry LP boosted its stake in shares of 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 purchasing an additional 284 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the firm's stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the completion of the sale, the senior vice president owned 108,590 shares of the company's stock, valued at $17,262,552.30. This trade represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total value of $257,418.00. Following the sale, the director directly owned 42,160 shares of the company's stock, valued at $6,829,920. This represents a 3.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,830 shares of company stock worth $5,124,049 in the last quarter. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on KEYS. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Bank of America upgraded shares of Keysight Technologies from an "underperform" rating to a "neutral" rating and upped their target price for the company from $170.00 to $175.00 in a research report on Monday, July 21st. Finally, Morgan Stanley upped their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $187.50.

Keysight Technologies Stock Up 0.5%

NYSE KEYS traded up $0.81 during trading hours on Friday, reaching $166.42. 766,651 shares of the company's stock were exchanged, compared to its average volume of 753,801. Keysight Technologies Inc. has a one year low of $119.72 and a one year high of $186.20. 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 company's 50-day moving average is $162.13 and its two-hundred day moving average is $158.93. The company has a market capitalization of $28.64 billion, a price-to-earnings ratio of 39.07, a price-to-earnings-growth ratio of 2.25 and a beta of 1.09.

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 earnings per share for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate 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 quarter in the prior year, the firm posted $1.41 EPS. On average, analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

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.