Robeco Institutional Asset Management B.V. Sells 63,222 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Robeco Institutional Asset Management B.V. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 25.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 187,548 shares of the scientific and technical instruments company’s stock after selling 63,222 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.11% of Keysight Technologies worth $29,807,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of KEYS. Swedbank AB lifted its stake in shares of Keysight Technologies by 3.8% in the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Keysight Technologies by 14.6% during the first quarter. Oppenheimer & Co. Inc. now owns 47,393 shares of the scientific and technical instruments company’s stock worth $7,411,000 after buying an additional 6,049 shares during the period. Capital International Sarl bought a new position in Keysight Technologies during the first quarter valued at $2,434,000. Teachers Retirement System of The State of Kentucky raised its stake in shares of Keysight Technologies by 172.6% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock valued at $6,565,000 after acquiring an additional 26,577 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Keysight Technologies by 271.8% in the 1st quarter. SG Americas Securities LLC now owns 74,820 shares of the scientific and technical instruments company’s stock worth $11,700,000 after acquiring an additional 54,698 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on KEYS shares. Robert W. Baird reduced their price objective on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Susquehanna decreased their price target on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, August 26th. Barclays upgraded Keysight Technologies from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $158.00 to $180.00 in a research report on Monday. Finally, Bank of America upped their price target on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $170.89.

Keysight Technologies Trading Up 0.9 %

NYSE KEYS opened at $154.89 on Wednesday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $162.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05. The company has a market capitalization of $26.88 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 4.48 and a beta of 0.98. The company’s 50-day simple moving average is $153.64 and its two-hundred day simple moving average is $145.21.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (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%. Keysight Technologies’s revenue was down 11.9% compared to the same quarter last year. During the same period last year, the company posted $2.04 earnings per share. Equities analysts forecast that Keysight Technologies, Inc. will post 5.43 EPS for the current fiscal year.

Insider Buying and Selling

In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of Keysight Technologies stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now owns 42,160 shares in the company, valued at $6,576,960. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.60% of the stock is currently owned by company 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.