American International Group Inc. Sells 1,329 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

American International Group Inc. cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,797 shares of the scientific and technical instruments company’s stock after selling 1,329 shares during the quarter. American International Group Inc.’s holdings in Keysight Technologies were worth $8,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Venturi Wealth Management LLC lifted its position in Keysight Technologies by 145.9% during the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 159 shares during the last quarter. Everence Capital Management Inc. raised its stake in shares of Keysight Technologies by 161.6% during the fourth quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock worth $3,193,000 after acquiring an additional 12,400 shares in the last quarter. TD Asset Management Inc raised its stake in shares of Keysight Technologies by 5.8% during the fourth quarter. TD Asset Management Inc now owns 467,818 shares of the scientific and technical instruments company’s stock worth $74,425,000 after acquiring an additional 25,654 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Keysight Technologies by 102.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 698,336 shares of the scientific and technical instruments company’s stock worth $111,099,000 after acquiring an additional 353,768 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Keysight Technologies by 68.4% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock worth $447,000 after acquiring an additional 1,141 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In related news, VP Lisa M. Poole sold 440 shares of Keysight Technologies stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total value of $60,038.00. Following the sale, the vice president now 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 this hyperlink. In other news, VP Lisa M. Poole sold 440 shares of the business’s stock in a transaction on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the sale, the vice president now owns 3,913 shares in the company, valued at approximately $533,928.85. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Kevin A. Stephens bought 460 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the acquisition, the director now owns 7,681 shares in the company, valued at approximately $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Citigroup lifted their price target on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a research note on Wednesday, February 21st. Barclays lifted their price target on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Susquehanna decreased their price target on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday, May 21st. Finally, Robert W. Baird lifted their target price on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research note 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $166.33.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $136.10 on Thursday. The stock has a market cap of $23.75 billion, a P/E ratio of 29.65, a price-to-earnings-growth ratio of 4.73 and a beta of 1.00. The firm’s fifty day simple moving average is $145.58 and its 200 day simple moving average is $151.02. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $172.72. 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 (NYSE:KEYS) last released its quarterly earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.01. The business had revenue of $1.22 billion for 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%. As a group, research analysts predict that Keysight Technologies, Inc. will post 5.25 EPS for the current year.

Keysight Technologies 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.