Headlands Technologies LLC Has $34,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Headlands Technologies LLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 73.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 245 shares of the scientific and technical instruments company’s stock after selling 665 shares during the period. Headlands Technologies LLC’s holdings in Keysight Technologies were worth $34,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Swedbank AB grew its holdings 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 buying an additional 151,446 shares during the period. Jennison Associates LLC grew its holdings in shares of Keysight Technologies by 53.2% in the 1st quarter. Jennison Associates LLC now owns 3,811,605 shares of the scientific and technical instruments company’s stock valued at $596,059,000 after buying an additional 1,323,775 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 352.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,160,879 shares of the scientific and technical instruments company’s stock valued at $494,299,000 after buying an additional 2,462,543 shares during the period. Norges Bank acquired a new position in shares of Keysight Technologies in the 4th quarter valued at $303,444,000. Finally, AMF Tjanstepension AB grew its holdings in shares of Keysight Technologies by 96.0% in the 1st quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock valued at $264,665,000 after buying an additional 828,913 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Up 0.7 %

Shares of NYSE:KEYS opened at $150.49 on Wednesday. The company’s 50-day moving average price is $140.77 and its two-hundred day moving average price is $144.87. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $162.51. The stock has a market capitalization of $26.27 billion, a PE ratio of 32.79, a price-to-earnings-growth ratio of 5.03 and a beta of 0.97.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a net margin of 18.24% and a return on equity of 21.01%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the firm posted $2.04 EPS. The company’s revenue for the quarter was down 11.9% on a year-over-year basis. On average, equities analysts forecast that Keysight Technologies, Inc. will post 5.35 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on KEYS shares. 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 report on Wednesday, August 21st. Barclays upped their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $163.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, August 26th. Bank of America upped their target price on shares of Keysight Technologies from $135.00 to $150.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 21st. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. One equities research 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 data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

Insiders Place Their Bets

In other news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total value of $254,592.00. Following the sale, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.60% of the company’s stock.

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.