1,034,014 Shares in Keysight Technologies Inc. $KEYS Bought by Deutsche Bank AG

Deutsche Bank AG bought a new stake in Keysight Technologies Inc. (NYSE:KEYS) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,034,014 shares of the scientific and technical instruments company’s stock, valued at approximately $361,977,000. Deutsche Bank AG owned 0.61% of Keysight Technologies as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Quarry LP purchased a new position in Keysight Technologies during the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Keysight Technologies by 36.1% in the first quarter. Cornerstone Planning Group LLC now owns 113 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 30 shares in the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in shares of Keysight Technologies in the first quarter valued at approximately $44,000. Entrust Financial LLC purchased a new position in shares of Keysight Technologies during the 4th quarter worth approximately $45,000. Finally, DV Equities LLC acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $49,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 0.6%

Shares of KEYS stock opened at $359.87 on Tuesday. The stock has a market cap of $61.50 billion, a price-to-earnings ratio of 59.19, a price-to-earnings-growth ratio of 2.04 and a beta of 1.22. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The firm’s 50 day moving average price is $333.92 and its two-hundred day moving average price is $313.09.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The firm’s quarterly revenue was up 31.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.70 earnings per share. On average, analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent research reports. Wells Fargo & Company upped their price objective on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $375.00 to $385.00 and gave the company an “outperform” rating in a research note on Wednesday, May 20th. Morgan Stanley upped their target price on shares of Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Keysight Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $371.92.

Insider Transactions at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 507 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $361.32, for a total value of $183,189.24. Following the completion of the sale, the chief executive officer owned 121,391 shares of the company’s stock, valued at approximately $43,860,996.12. The trade was a 0.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $340.87, for a total value of $681,740.00. Following the completion of the sale, the senior vice president directly owned 105,861 shares of the company’s stock, valued at approximately $36,084,839.07. This represents a 1.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 5,507 shares of company stock valued at $1,904,669. 0.40% of the stock is currently owned by insiders.

About Keysight Technologies

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.