Keysight Technologies, Inc. (NYSE:KEYS) Stock Holdings Lowered by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich reduced its position in Keysight Technologies, Inc. (NYSE:KEYS) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,203 shares of the scientific and technical instruments company’s stock after selling 4,956 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in Keysight Technologies were worth $8,941,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Mackenzie Financial Corp increased its position in shares of Keysight Technologies by 3.6% in the third quarter. Mackenzie Financial Corp now owns 3,912,631 shares of the scientific and technical instruments company’s stock worth $513,728,000 after acquiring an additional 136,818 shares in the last quarter. Jennison Associates LLC purchased a new position in Keysight Technologies during the fourth quarter valued at approximately $395,789,000. Northern Trust Corp grew its position in Keysight Technologies by 5.2% during the third quarter. Northern Trust Corp now owns 2,069,120 shares of the scientific and technical instruments company’s stock valued at $273,765,000 after purchasing an additional 102,420 shares in the last quarter. Invesco Ltd. grew its position in Keysight Technologies by 16.6% during the third quarter. Invesco Ltd. now owns 1,732,321 shares of the scientific and technical instruments company’s stock valued at $229,203,000 after purchasing an additional 247,250 shares in the last quarter. Finally, Morgan Stanley grew its position in Keysight Technologies by 3.7% during the third quarter. Morgan Stanley now owns 1,688,735 shares of the scientific and technical instruments company’s stock valued at $223,437,000 after purchasing an additional 60,158 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of KEYS traded up $1.13 during trading hours on Friday, hitting $148.56. The stock had a trading volume of 893,686 shares, compared to its average volume of 1,227,265. The company’s fifty day moving average is $153.00 and its two-hundred day moving average is $146.53. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The stock has a market capitalization of $25.93 billion, a price-to-earnings ratio of 27.19, a P/E/G ratio of 6.64 and a beta of 1.05.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a net margin of 18.14% and a return on equity of 26.84%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the firm earned $1.72 EPS. The firm’s quarterly revenue was down 8.8% compared to the same quarter last year. On average, analysts anticipate that Keysight Technologies, Inc. will post 5.4 EPS for the current year.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the sale, the senior vice president now owns 29,156 shares of the company’s stock, valued at approximately $4,457,369.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on KEYS. Barclays boosted their price objective on shares of Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 21st. Citigroup lifted their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. Finally, JPMorgan Chase & Co. cut shares of Keysight Technologies from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $160.63.

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.