Livforsakringsbolaget Skandia Omsesidigt Has $3.22 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Livforsakringsbolaget Skandia Omsesidigt trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,250 shares of the scientific and technical instruments company’s stock after selling 1,900 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Keysight Technologies were worth $3,223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KEYS. EP Wealth Advisors LLC acquired a new stake in shares of Keysight Technologies in the first quarter valued at approximately $197,000. Ontario Teachers Pension Plan Board acquired a new stake in Keysight Technologies during the 1st quarter valued at $664,000. ProShare Advisors LLC boosted its position in Keysight Technologies by 36.5% during the first quarter. ProShare Advisors LLC now owns 42,214 shares of the scientific and technical instruments company’s stock worth $6,817,000 after purchasing an additional 11,279 shares during the period. Toroso Investments LLC increased its holdings in shares of Keysight Technologies by 5.2% in the first quarter. Toroso Investments LLC now owns 2,312 shares of the scientific and technical instruments company’s stock valued at $373,000 after purchasing an additional 114 shares during the last quarter. Finally, Putnam Investments LLC raised its position in shares of Keysight Technologies by 0.4% in the first quarter. Putnam Investments LLC now owns 19,634 shares of the scientific and technical instruments company’s stock valued at $3,170,000 after purchasing an additional 74 shares during the period. 81.72% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 1.0 %

Shares of KEYS stock traded up $1.27 during trading hours on Thursday, hitting $133.16. 248,804 shares of the company’s stock traded hands, compared to its average volume of 1,208,261. The company has a quick ratio of 2.93, a current ratio of 3.66 and a debt-to-equity ratio of 0.37. Keysight Technologies, Inc. has a 12 month low of $125.89 and a 12 month high of $189.45. The stock has a market cap of $23.65 billion, a PE ratio of 21.03, a price-to-earnings-growth ratio of 3.01 and a beta of 1.07. The stock’s 50 day simple moving average is $151.01 and its 200 day simple moving average is $154.40.

Keysight Technologies (NYSE:KEYS) last released its quarterly earnings results on Thursday, August 17th. The scientific and technical instruments company reported $2.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.15. Keysight Technologies had a net margin of 20.19% and a return on equity of 30.56%. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.38 billion. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 7.5 EPS for the current year.

Analyst Ratings Changes

Several research firms recently weighed in on KEYS. Morgan Stanley dropped their price target on Keysight Technologies from $180.00 to $165.00 and set an “equal weight” rating for the company in a report on Friday, August 18th. The Goldman Sachs Group upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and upped their price target for the company from $146.00 to $164.00 in a research note on Monday, September 4th. Bank of America dropped their price objective on shares of Keysight Technologies from $148.00 to $142.00 in a research note on Friday, August 18th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, September 7th. Finally, VNET Group reiterated an “initiates” rating on shares of Keysight Technologies in a research report on Friday, June 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $176.55.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.