Keysight Technologies Inc. (NYSE:KEYS) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. reduced its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 56.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,209 shares of the scientific and technical instruments company’s stock after selling 2,810 shares during the quarter. Brown Advisory Inc.’s holdings in Keysight Technologies were worth $331,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC raised its holdings in shares of Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 66 shares during the period. Private Trust Co. NA increased its stake in shares of Keysight Technologies by 39.9% during the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 75 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of Keysight Technologies by 14.2% during the 1st quarter. Pinnacle Bancorp Inc. now owns 669 shares of the scientific and technical instruments company’s stock worth $100,000 after purchasing an additional 83 shares during the last quarter. Integrated Advisors Network LLC boosted its holdings in shares of Keysight Technologies by 4.8% during the 1st quarter. Integrated Advisors Network LLC now owns 1,847 shares of the scientific and technical instruments company’s stock worth $277,000 after buying an additional 85 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Keysight Technologies by 4.3% during the 4th quarter. Parallel Advisors LLC now owns 2,159 shares of the scientific and technical instruments company’s stock worth $347,000 after buying an additional 89 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Down 0.9%

KEYS opened at $161.85 on Wednesday. Keysight Technologies Inc. has a fifty-two week low of $119.72 and a fifty-two week 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 has a market capitalization of $27.86 billion, a P/E ratio of 37.99, a P/E/G ratio of 2.22 and a beta of 1.09. The stock has a fifty day moving average of $161.41 and a 200-day moving average of $158.81.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.05. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business posted $1.41 earnings per share. Keysight Technologies’s revenue was up 7.4% compared to the same quarter last year. On average, equities analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current year.

Insider Buying and Selling

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the company’s stock in a transaction on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president owned 108,590 shares in the company, valued at $17,262,552.30. This represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Page sold 7,368 shares of the company’s stock in a transaction 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 completion of the transaction, the senior vice president owned 36,986 shares of the company’s stock, valued at $5,835,651.08. This trade represents a 16.61% decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,830 shares of company stock valued at $5,124,049 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Bank of America increased their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an “underperform” rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an “overweight” rating in a report on Wednesday, May 21st. Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Morgan Stanley raised their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $183.00.

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.