Voya Investment Management LLC cut its stake in Keysight Technologies Inc. (NYSE:KEYS) by 0.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 51,719 shares of the scientific and technical instruments company’s stock after selling 1 shares during the quarter. Voya Investment Management LLC’s holdings in Keysight Technologies were worth $2,013,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Asset Management Inc. purchased a new position in shares of Keysight Technologies in the second quarter valued at $27,072,000. Morgan Stanley grew its position in shares of Keysight Technologies by 101.4% in the first quarter. Morgan Stanley now owns 1,077,679 shares of the scientific and technical instruments company’s stock valued at $38,949,000 after purchasing an additional 542,528 shares in the last quarter. Denali Advisors LLC grew its position in shares of Keysight Technologies by 9.7% in the second quarter. Denali Advisors LLC now owns 97,500 shares of the scientific and technical instruments company’s stock valued at $3,796,000 after purchasing an additional 8,600 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Keysight Technologies by 327.0% in the second quarter. Wells Fargo & Company MN now owns 533,505 shares of the scientific and technical instruments company’s stock valued at $20,769,000 after purchasing an additional 408,576 shares in the last quarter. Finally, Legal & General Group Plc grew its position in shares of Keysight Technologies by 5.5% in the second quarter. Legal & General Group Plc now owns 759,042 shares of the scientific and technical instruments company’s stock valued at $29,549,000 after purchasing an additional 39,617 shares in the last quarter. Institutional investors own 88.07% of the company’s stock.

In other Keysight Technologies news, insider Ronald S. Nersesian sold 58,931 shares of the firm’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $41.64, for a total transaction of $2,453,886.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP John C. Skinner sold 15,058 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $40.79, for a total value of $614,215.82. The disclosure for this sale can be found here. 1.23% of the stock is owned by company insiders.

Keysight Technologies Inc. (KEYS) opened at 42.50 on Wednesday. The stock has a market capitalization of $7.91 billion, a PE ratio of 32.42 and a beta of 1.15. Keysight Technologies Inc. has a 52-week low of $31.32 and a 52-week high of $43.15. The company’s 50-day moving average price is $41.03 and its 200 day moving average price is $39.52.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings results on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.07. The business had revenue of $832.00 million for the quarter, compared to analysts’ expectations of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The business’s quarterly revenue was up 16.4% on a year-over-year basis. During the same period last year, the firm earned $0.63 earnings per share. Equities analysts forecast that Keysight Technologies Inc. will post $2.47 EPS for the current fiscal year.

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KEYS has been the subject of several recent research reports. Wells Fargo & Company reiterated an “outperform” rating on shares of Keysight Technologies in a research report on Tuesday, July 4th. BidaskClub upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and issued a $50.00 price target on shares of Keysight Technologies in a research report on Friday, July 21st. Barclays PLC initiated coverage on Keysight Technologies in a research report on Monday, August 7th. They issued an “overweight” rating and a $50.00 price target for the company. Finally, Robert W. Baird reiterated a “buy” rating and issued a $47.00 price target on shares of Keysight Technologies in a research report on Friday, August 25th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $47.11.

About Keysight Technologies

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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