Vontobel Holding Ltd. Cuts Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Vontobel Holding Ltd. trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 810,126 shares of the scientific and technical instruments company's stock after selling 21,714 shares during the quarter. Vontobel Holding Ltd. owned 0.46% of Keysight Technologies worth $128,883,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bradley Foster & Sargent Inc. CT lifted its stake in shares of Keysight Technologies by 0.4% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 13,421 shares of the scientific and technical instruments company's stock worth $2,296,000 after purchasing an additional 57 shares during the last quarter. Snowden Capital Advisors LLC lifted its stake in shares of Keysight Technologies by 2.9% during the 2nd quarter. Snowden Capital Advisors LLC now owns 2,524 shares of the scientific and technical instruments company's stock worth $423,000 after purchasing an additional 71 shares during the last quarter. Putnam Investments LLC lifted its stake in shares of Keysight Technologies by 0.4% during the 1st quarter. Putnam Investments LLC now owns 19,634 shares of the scientific and technical instruments company's stock worth $3,170,000 after purchasing an additional 74 shares during the last quarter. Heartland Bank & Trust Co lifted its stake in shares of Keysight Technologies by 1.3% during the 3rd quarter. Heartland Bank & Trust Co now owns 6,229 shares of the scientific and technical instruments company's stock worth $824,000 after purchasing an additional 81 shares during the last quarter. Finally, Itau Unibanco Holding S.A. lifted its stake in shares of Keysight Technologies by 31.5% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company's stock worth $45,000 after purchasing an additional 82 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

KEYS stock traded down $5.04 during mid-day trading on Friday, reaching $155.10. 2,256,463 shares of the company's stock were exchanged, compared to its average volume of 1,243,770. The company has a market cap of $27.07 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 7.03 and a beta of 1.05. The stock's 50 day moving average is $154.60 and its 200 day moving average is $145.68. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.59 by $0.04. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.25 billion. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. Keysight Technologies's revenue for the quarter was down 8.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.72 earnings per share. On average, research analysts expect that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Citigroup upped their price objective on Keysight Technologies from $157.00 to $168.00 and gave the stock a "buy" rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. cut Keysight Technologies from an "overweight" rating to a "neutral" rating and decreased their price target for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. Finally, Barclays increased their price target on Keysight Technologies from $134.00 to $141.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $160.63.

Insider Activity

In related news, SVP Kailash Narayanan sold 4,300 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the transaction, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 0.60% of the company's stock.

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.