Keysight Technologies, Inc. (NYSE:KEYS) Stake Reduced by Blue Trust Inc.

Blue Trust Inc. trimmed its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 41.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,038 shares of the scientific and technical instruments company’s stock after selling 723 shares during the quarter. Blue Trust Inc.’s holdings in Keysight Technologies were worth $167,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Natixis Advisors LLC boosted its stake in Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after buying an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. boosted its position in Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after purchasing an additional 3,857 shares in the last quarter. Finally, LMR Partners LLP purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth about $14,339,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 over the last 90 days. 0.61% of the stock is owned by insiders.

Keysight Technologies Trading Down 0.1 %

Shares of KEYS opened at $184.96 on Friday. The company has a market cap of $31.98 billion, a price-to-earnings ratio of 52.85, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a fifty day moving average price of $169.60 and a two-hundred day moving average price of $159.35.

Analyst Ratings Changes

KEYS has been the topic of a number of recent analyst reports. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Bank of America lifted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

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.