AIA Group Ltd Has $1.45 Million Stake in Keysight Technologies, Inc. (NYSE:KEYS)

AIA Group Ltd lifted its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 221.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,098 shares of the scientific and technical instruments company's stock after buying an additional 6,270 shares during the quarter. AIA Group Ltd's holdings in Keysight Technologies were worth $1,447,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at approximately $25,000. OFI Invest Asset Management bought a new position in shares of Keysight Technologies in the third quarter valued at approximately $26,000. Quarry LP acquired a new stake in shares of Keysight Technologies in the second quarter worth $27,000. VitalStone Financial LLC bought a new stake in shares of Keysight Technologies during the 1st quarter worth $35,000. Finally, Fred Alger Management LLC acquired a new position in Keysight Technologies in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

Shares of KEYS stock traded down $1.77 during mid-day trading on Friday, reaching $145.12. The stock had a trading volume of 1,095,790 shares, compared to its average volume of 1,235,993. The firm has a market cap of $25.33 billion, a PE ratio of 26.95, a P/E/G ratio of 6.79 and a beta of 1.05. The company has a quick ratio of 1.44, a current ratio of 1.93 and a debt-to-equity ratio of 0.25. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $172.72. The firm's 50 day simple moving average is $154.05 and its 200 day simple moving average is $146.00.

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

Analyst Ratings Changes

KEYS has been the subject of a number of research analyst reports. Citigroup boosted their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a "buy" rating in a research report on Wednesday, February 21st. Barclays increased their target price 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. Finally, JPMorgan Chase & Co. lowered Keysight Technologies from an "overweight" rating to a "neutral" rating and cut their price target for the stock from $184.00 to $170.00 in a report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Keysight Technologies has an average rating of "Hold" and an average target price of $160.63.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the firm's stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of 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 filing with the SEC, which can be accessed through the SEC website. 0.60% of the stock is currently owned by insiders.

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.