Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lessened its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 63.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 472,870 shares of the scientific and technical instruments company’s stock after selling 818,092 shares during the period. American Century Companies Inc. owned approximately 0.27% of Keysight Technologies worth $64,665,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Principal Securities Inc. acquired a new position in shares of Keysight Technologies in the 4th quarter worth approximately $144,000. Avantax Advisory Services Inc. purchased a new position in shares of Keysight Technologies during the fourth quarter worth $216,000. Quadrant Capital Group LLC grew its stake in shares of Keysight Technologies by 14.1% in the fourth quarter. Quadrant Capital Group LLC now owns 2,469 shares of the scientific and technical instruments company’s stock valued at $393,000 after buying an additional 305 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in shares of Keysight Technologies in the 4th quarter valued at $279,000. Finally, Brown Advisory Inc. lifted its stake in Keysight Technologies by 19.8% during the 4th quarter. Brown Advisory Inc. now owns 47,971 shares of the scientific and technical instruments company’s stock worth $7,632,000 after acquiring an additional 7,945 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. lifted their target price on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Robert W. Baird reduced their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Susquehanna decreased their price target on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Barclays upped their price objective on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $167.67.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the completion of the transaction, the director now owns 42,160 shares in the company, valued at $6,576,960. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.60% of the stock is owned by company insiders.

Keysight Technologies Stock Up 1.1 %

Shares of NYSE KEYS opened at $150.04 on Monday. Keysight Technologies, Inc. has a 1 year low of $118.57 and a 1 year high of $162.51. The company has a market capitalization of $26.04 billion, a price-to-earnings ratio of 32.69, a price-to-earnings-growth ratio of 5.03 and a beta of 0.97. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. The business has a 50-day moving average of $140.54 and a two-hundred day moving average of $144.96.

Keysight Technologies (NYSE:KEYS) last announced its quarterly 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 analyst estimates of $1.19 billion. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm’s revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.04 earnings per share. On average, analysts forecast that Keysight Technologies, Inc. will post 5.35 earnings per share for the current fiscal year.

About Keysight Technologies

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.