QRG Capital Management Inc. Decreases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

QRG Capital Management Inc. trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,251 shares of the scientific and technical instruments company’s stock after selling 145 shares during the quarter. QRG Capital Management Inc.’s holdings in Keysight Technologies were worth $2,541,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Headlands Technologies LLC bought a new position in Keysight Technologies during the 1st quarter valued at about $142,000. Keeler Thomas Management LLC grew its stake in shares of Keysight Technologies by 4.4% during the first quarter. Keeler Thomas Management LLC now owns 11,927 shares of the scientific and technical instruments company’s stock valued at $1,865,000 after buying an additional 498 shares during the last quarter. Inspire Investing LLC raised its holdings in shares of Keysight Technologies by 9.3% in the first quarter. Inspire Investing LLC now owns 21,209 shares of the scientific and technical instruments company’s stock worth $3,317,000 after buying an additional 1,804 shares during the period. Donoghue Forlines LLC lifted its stake in shares of Keysight Technologies by 32.3% during the 1st quarter. Donoghue Forlines LLC now owns 2,163 shares of the scientific and technical instruments company’s stock worth $338,000 after acquiring an additional 528 shares during the last quarter. Finally, Meeder Advisory Services Inc. lifted its stake in shares of Keysight Technologies by 5.5% during the 1st quarter. Meeder Advisory Services Inc. now owns 1,583 shares of the scientific and technical instruments company’s stock worth $248,000 after acquiring an additional 83 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 2.7 %

NYSE:KEYS traded up $3.93 during mid-day trading on Tuesday, hitting $149.46. 1,481,618 shares of the company’s stock traded hands, compared to its average volume of 1,203,419. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99. The company has a market capitalization of $26.09 billion, a P/E ratio of 32.15, a P/E/G ratio of 4.91 and a beta of 0.95. The company has a fifty day moving average of $141.33 and a 200 day moving average of $149.07. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $172.72.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on KEYS. Susquehanna decreased their price objective on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a report on Tuesday, May 21st. 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. Finally, Robert W. Baird boosted their price target on shares of Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $166.33.

Insider Buying and Selling

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

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.