Deutsche Bank AG Reduces Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Deutsche Bank AG trimmed its holdings in Keysight Technologies, Inc. (NYSE:KEYSGet Rating) by 11.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 640,821 shares of the scientific and technical instruments company’s stock after selling 79,410 shares during the quarter. Deutsche Bank AG owned about 0.36% of Keysight Technologies worth $88,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of KEYS. GHP Investment Advisors Inc. bought a new position in shares of Keysight Technologies in the 2nd quarter worth about $26,000. Geneos Wealth Management Inc. increased its stake in shares of Keysight Technologies by 37.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 277 shares of the scientific and technical instruments company’s stock worth $37,000 after acquiring an additional 75 shares in the last quarter. Glassman Wealth Services increased its stake in shares of Keysight Technologies by 40.5% in the 2nd quarter. Glassman Wealth Services now owns 340 shares of the scientific and technical instruments company’s stock worth $47,000 after acquiring an additional 98 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the 2nd quarter worth about $49,000. Finally, Clear Street Markets LLC increased its stake in shares of Keysight Technologies by 412.0% in the 2nd quarter. Clear Street Markets LLC now owns 384 shares of the scientific and technical instruments company’s stock worth $53,000 after acquiring an additional 309 shares in the last quarter. 81.87% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Performance

KEYS opened at $171.90 on Monday. The company has a current ratio of 3.01, a quick ratio of 2.40 and a debt-to-equity ratio of 0.43. The company has a market cap of $30.74 billion, a price-to-earnings ratio of 27.82, a PEG ratio of 2.07 and a beta of 1.06. The company’s 50 day moving average is $165.10 and its 200 day moving average is $155.37. Keysight Technologies, Inc. has a 12-month low of $127.93 and a 12-month high of $209.08.

Keysight Technologies (NYSE:KEYSGet Rating) last posted its quarterly earnings data on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.99 by $0.15. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.40 billion. Keysight Technologies had a net margin of 20.74% and a return on equity of 32.51%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.71 earnings per share. On average, equities research analysts predict that Keysight Technologies, Inc. will post 7.55 EPS for the current year.

Insider Buying and Selling

In related news, SVP John Page sold 6,910 shares of the firm’s stock in a transaction that occurred on Friday, September 30th. The shares were sold at an average price of $161.48, for a total value of $1,115,826.80. Following the transaction, the senior vice president now owns 57,201 shares of the company’s stock, valued at $9,236,817.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.55% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of Keysight Technologies from $165.00 to $182.00 and gave the stock a “buy” rating in a research note on Thursday, August 18th. Citigroup raised their price objective on shares of Keysight Technologies from $220.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Morgan Stanley reduced their price objective on shares of Keysight Technologies from $172.00 to $170.00 and set an “equal weight” rating for the company in a research note on Monday, November 14th. StockNews.com initiated coverage on shares of Keysight Technologies in a research note on Wednesday, October 12th. They set a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Keysight Technologies from $193.00 to $190.00 and set a “buy” rating for the company in a research note on Friday. Three analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $196.64.

Keysight Technologies Profile

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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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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