Securian Asset Management Inc. Sells 325 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Securian Asset Management Inc. reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,962 shares of the scientific and technical instruments company’s stock after selling 325 shares during the period. Securian Asset Management Inc.’s holdings in Keysight Technologies were worth $1,362,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Czech National Bank lifted its position in shares of Keysight Technologies by 8.2% during the second quarter. Czech National Bank now owns 33,263 shares of the scientific and technical instruments company’s stock worth $4,549,000 after purchasing an additional 2,522 shares in the last quarter. QRG Capital Management Inc. raised its stake in shares of Keysight Technologies by 6.5% during the second quarter. QRG Capital Management Inc. now owns 17,314 shares of the scientific and technical instruments company’s stock worth $2,368,000 after buying an additional 1,063 shares during the last quarter. Cardinal Capital Management raised its stake in shares of Keysight Technologies by 0.5% during the second quarter. Cardinal Capital Management now owns 38,490 shares of the scientific and technical instruments company’s stock worth $5,264,000 after buying an additional 209 shares during the last quarter. Webster Bank N. A. raised its stake in shares of Keysight Technologies by 27.2% during the second quarter. Webster Bank N. A. now owns 388 shares of the scientific and technical instruments company’s stock worth $53,000 after buying an additional 83 shares during the last quarter. Finally, CHICAGO TRUST Co NA raised its stake in shares of Keysight Technologies by 10.4% during the second quarter. CHICAGO TRUST Co NA now owns 4,867 shares of the scientific and technical instruments company’s stock worth $666,000 after buying an additional 457 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on KEYS shares. Susquehanna lowered their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday, May 21st. Robert W. Baird increased their target price on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a report on Tuesday, May 21st. Vertical Research assumed coverage on shares of Keysight Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 target price for the company. Finally, Barclays increased their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $167.20.

Insider Buying and Selling

In other Keysight Technologies news, Director Kevin A. Stephens acquired 460 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were bought at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Kevin A. Stephens bought 460 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of $143.35 per share, with a total value of $65,941.00. Following the transaction, the director now owns 7,681 shares in the company, valued at approximately $1,101,071.35. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lisa M. Poole sold 440 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the transaction, the vice president now directly owns 3,913 shares in the company, valued at $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Stock Up 1.0 %

Shares of KEYS stock traded up $1.27 during trading hours on Monday, reaching $124.14. The company had a trading volume of 574,740 shares, compared to its average volume of 1,219,553. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $162.51. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48. The business has a fifty day simple moving average of $135.93 and a 200-day simple moving average of $146.53. The company has a market cap of $21.67 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 4.58 and a beta of 0.95.

Keysight Technologies (NYSE:KEYS) last released its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. On average, research analysts expect that Keysight Technologies, Inc. will post 5.25 earnings per share for the current fiscal year.

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.