Dorsey & Whitney Trust CO LLC Buys 916 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Dorsey & Whitney Trust CO LLC increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 49.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,752 shares of the scientific and technical instruments company’s stock after acquiring an additional 916 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Keysight Technologies were worth $430,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in KEYS. Jennison Associates LLC acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $395,789,000. Norges Bank acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $303,444,000. Van ECK Associates Corp increased its holdings in shares of Keysight Technologies by 105.5% during the 4th quarter. Van ECK Associates Corp now owns 2,383,143 shares of the scientific and technical instruments company’s stock worth $379,134,000 after acquiring an additional 1,223,694 shares during the last quarter. AMF Tjanstepension AB increased its holdings in shares of Keysight Technologies by 96.0% during the 1st quarter. AMF Tjanstepension AB now owns 1,692,446 shares of the scientific and technical instruments company’s stock worth $264,665,000 after acquiring an additional 828,913 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its holdings in shares of Keysight Technologies by 18,983.0% during the 4th quarter. Balyasny Asset Management L.P. now owns 508,753 shares of the scientific and technical instruments company’s stock worth $80,938,000 after acquiring an additional 506,087 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction on 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 approximately $533,928.85. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, Director Kevin A. Stephens acquired 460 shares of the stock in a transaction dated Tuesday, May 28th. The stock was bought at an average cost of $143.35 per share, for a total transaction 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 $1,101,071.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on KEYS. Susquehanna decreased their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a report on Tuesday, May 21st. 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 report on Tuesday, May 21st. Finally, Barclays upped their price objective on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. One investment 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 MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $166.33.

Keysight Technologies Price Performance

Shares of KEYS traded down $3.75 during trading hours on Friday, hitting $137.40. 1,087,562 shares of the company were exchanged, compared to its average volume of 1,202,246. The company has a market cap of $23.98 billion, a price-to-earnings ratio of 29.93, a P/E/G ratio of 5.03 and a beta of 0.95. Keysight Technologies, Inc. has a fifty-two week low of $118.57 and a fifty-two week high of $171.40. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average is $140.76 and its 200 day moving average is $148.77.

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 the consensus estimate of $1.23 by $0.01. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. On average, equities analysts anticipate 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.