AMF Tjanstepension AB Has $264.67 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

AMF Tjanstepension AB boosted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 96.0% in the first quarter, Holdings Channel reports. The institutional investor owned 1,692,446 shares of the scientific and technical instruments company’s stock after buying an additional 828,913 shares during the period. Keysight Technologies accounts for approximately 2.0% of AMF Tjanstepension AB’s holdings, making the stock its 15th largest position. AMF Tjanstepension AB’s holdings in Keysight Technologies were worth $264,665,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of KEYS. Brown Shipley& Co Ltd lifted its position in shares of Keysight Technologies by 1.0% in the 4th quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock worth $1,026,000 after purchasing an additional 67 shares during the period. Park Avenue Securities LLC boosted its stake in Keysight Technologies by 0.9% during the 1st quarter. Park Avenue Securities LLC now owns 7,830 shares of the scientific and technical instruments company’s stock valued at $1,224,000 after purchasing an additional 71 shares during the last quarter. Trust Investment Advisors boosted its position in shares of Keysight Technologies by 1.8% during the fourth quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock valued at $664,000 after buying an additional 75 shares during the last quarter. Ferguson Wellman Capital Management Inc. boosted its holdings in Keysight Technologies by 0.6% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 12,627 shares of the scientific and technical instruments company’s stock worth $1,975,000 after acquiring an additional 77 shares during the last quarter. Finally, Itau Unibanco Holding S.A. grew its position in Keysight Technologies by 31.5% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after purchasing an additional 82 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other news, VP Lisa M. Poole sold 440 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, the vice president now directly owns 3,913 shares in the company, valued at $533,928.85. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Director Kevin A. Stephens purchased 460 shares of Keysight Technologies 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 purchase, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the sale, 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. Company insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on KEYS shares. Robert W. Baird upped their price objective on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research note on Tuesday, May 21st. Barclays lifted their price objective on shares of Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 21st. Finally, Susquehanna decreased their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research report on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $166.33.

Keysight Technologies Price Performance

KEYS stock traded up $1.53 during mid-day trading on Friday, hitting $136.75. 3,063,988 shares of the stock were exchanged, compared to its average volume of 1,222,445. The business has a fifty day moving average price of $143.43 and a 200 day moving average price of $150.69. The stock has a market capitalization of $23.87 billion, a price-to-earnings ratio of 29.79, a PEG ratio of 4.69 and a beta of 1.00. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping the consensus estimate 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 net margin of 15.70% and a return on equity of 23.79%. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.25 EPS for the current year.

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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.