National Pension Service Sells 14,258 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

National Pension Service decreased its position in Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) by 5.1% in the third quarter, Holdings Channel.com reports. The firm owned 263,340 shares of the scientific and technical instruments company’s stock after selling 14,258 shares during the quarter. National Pension Service’s holdings in Keysight Technologies were worth $41,824,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KEYS. Panagora Asset Management Inc. raised its holdings in Keysight Technologies by 14.7% in the first quarter. Panagora Asset Management Inc. now owns 9,411 shares of the scientific and technical instruments company’s stock worth $1,487,000 after purchasing an additional 1,206 shares in the last quarter. Blair William & Co. IL raised its holdings in Keysight Technologies by 1.3% in the first quarter. Blair William & Co. IL now owns 6,780 shares of the scientific and technical instruments company’s stock worth $1,071,000 after purchasing an additional 88 shares in the last quarter. Prudential PLC bought a new position in Keysight Technologies in the first quarter worth $592,000. Vanguard Group Inc. increased its holdings in shares of Keysight Technologies by 0.8% during the first quarter. Vanguard Group Inc. now owns 20,348,229 shares of the scientific and technical instruments company’s stock valued at $3,214,409,000 after acquiring an additional 153,857 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its holdings in shares of Keysight Technologies by 233.6% during the first quarter. Loomis Sayles & Co. L P now owns 2,972 shares of the scientific and technical instruments company’s stock valued at $469,000 after acquiring an additional 2,081 shares in the last quarter. Institutional investors own 81.69% of the company’s stock.

Keysight Technologies Trading Up 0.6 %

Shares of NYSE:KEYS opened at $155.39 on Friday. The stock has a market capitalization of $27.68 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.56 and a beta of 1.07. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.45 and a current ratio of 3.07. The stock’s 50-day simple moving average is $173.16 and its two-hundred day simple moving average is $170.32. Keysight Technologies, Inc. has a 52-week low of $127.93 and a 52-week high of $189.45.

Keysight Technologies (NYSE:KEYS – Get Rating) last announced its earnings results on Tuesday, February 21st. The scientific and technical instruments company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.17. The business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Keysight Technologies had a return on equity of 32.50% and a net margin of 20.81%. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the firm posted $1.41 earnings per share. Analysts expect that Keysight Technologies, Inc. will post 7.3 EPS for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, insider Ronald S. Nersesian sold 18,069 shares of the firm’s stock in a transaction dated Friday, December 23rd. The stock was sold at an average price of $170.00, for a total value of $3,071,730.00. Following the transaction, the insider now directly owns 275,209 shares of the company’s stock, valued at $46,785,530. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.51% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. The Goldman Sachs Group downgraded Keysight Technologies from a “buy” rating to a “neutral” rating and reduced their price target for the company from $196.00 to $189.00 in a report on Tuesday, January 10th. UBS Group reduced their price target on Keysight Technologies from $205.00 to $185.00 and set a “buy” rating for the company in a report on Thursday, February 23rd. Susquehanna restated a “positive” rating and set a $208.00 price target on shares of Keysight Technologies in a report on Thursday, March 9th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $178.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, March 8th. Finally, StockNews.com initiated coverage on Keysight Technologies in a report on Thursday. They set a “buy” rating for the company. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $197.75.

Keysight Technologies Profile

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Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.