UMB Bank will not sell 326 shares of Keysight Technologies, Inc. (NYSE:KEYS)

UMB Bank has reduced its stake in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 29.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 782 shares of the scientific and technical instruments company’s stock after selling 326 shares during the quarter. UMB Bank na’s holdings in Keysight Technologies were worth $107,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Swedbank AB bought a new stake in Keysight Technologies in the first quarter valued at $621,993,000. Price T Rowe Associates Inc. MD boosted its holdings in Keysight Technologies by 352.6% in the first 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 bought a new stake in Keysight Technologies in the 4th quarter valued at $303,444,000. Capital World Investors bought a new stake in Keysight Technologies in the first quarter valued at $250,097,000. Finally, Jennison Associates LLC grew its holdings in Keysight Technologies by 53.2% in the first 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 purchasing an additional 1,323,775 shares during the period. Institutional investors own 84.58% of the company’s shares.

Keysight Technologies stock rose 0.9%

Shares of NYSE KEYS opened at $154.12 on Friday. The company’s 50-day simple moving average is $138.15, and its 200-day simple moving average is $145.30. The company has a market cap of $26.90 billion, a price-to-earnings ratio of 33.58, a price-to-earnings-growth ratio of 4.58 and a beta of 0.95. The company has a quick ratio of 1.48, a current ratio of 1.99, and a debt-to-equity ratio of 0.24. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $162.51.

Keysight Technologies (NYSE:KEYS – Get Your Free Report ) last posted its quarterly earnings results on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.35 by $0.22. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The company’s quarterly revenue was down 11.9% year-over-year. In the same quarter last year, the company earned $2.04 EPS. On average, research analysts expect that Keysight Technologies, Inc. to post 5.25 earnings per share for the current fiscal year.

Analysts set new price targets

Several brokerages have issued reports on KEYS. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. Barclays upped their target price 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. Vertical Research started coverage on shares of Keysight Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $175.00 target price on the stock. Finally, Susquehanna decreased their target price on shares of Keysight Technologies from $195.00 to $185.00 and set a “positive” rating on the stock in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Moderate Buy” and an average target price of $167.09, according to data from MarketBeat.

Get the latest report on Keysight Technologies

Insider buying and selling

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the business’s 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 transaction, the vice president now directly owns 3,913 shares in the company, valued at approximately $533,928.85. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC’s website. In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the transaction, the director now directly owns 42,160 shares in the company, valued at approximately $6,576,960. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC’s website. Also, VP Lisa M. Poole sold 440 shares of the business’s 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 transaction, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The disclosure for this sale can be found here. 0.60% of shares are owned by corporate insiders.

About Keysight Technologies

(Free report)

Keysight Technologies, Inc provides electronic design and test solutions for commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronics and education in the Americas, Europe and Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

See Also

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