Dorsey & Whitney Trust CO LLC Sells 344 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Dorsey & Whitney Trust CO LLC lessened its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 12.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,408 shares of the scientific and technical instruments company’s stock after selling 344 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Keysight Technologies were worth $329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KEYS. Swedbank AB boosted its holdings in Keysight Technologies by 3.8% during the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of Keysight Technologies by 53.2% during the 1st quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock worth $596,059,000 after buying an additional 1,323,775 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 352.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after acquiring an additional 2,462,543 shares in the last quarter. Norges Bank acquired a new stake in shares of Keysight Technologies in the fourth quarter valued at about $303,444,000. Finally, AMF Tjanstepension AB boosted its position in Keysight Technologies by 96.0% during the first quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock valued at $264,665,000 after purchasing an additional 828,913 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent analyst reports. Robert W. Baird lowered their price target on Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Finally, Vertical Research assumed coverage on Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $167.40.

Insider Buying and Selling at Keysight Technologies

In other news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Richard P. Hamada sold 1,632 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at $6,576,960. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 0.2 %

Shares of KEYS opened at $148.42 on Friday. The firm has a market cap of $25.91 billion, a P/E ratio of 32.34, a price-to-earnings-growth ratio of 4.85 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $162.51. The firm’s 50-day simple moving average is $140.29 and its 200 day simple moving average is $145.03.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The firm’s revenue for the quarter was down 11.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.04 earnings per share. On average, analysts forecast that Keysight Technologies, Inc. will post 5.35 earnings per share for the current year.

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.