Steph & Co. Cuts Position in Keysight Technologies, Inc. (NYSE:KEYS)

Steph & Co. trimmed its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,475 shares of the scientific and technical instruments company’s stock after selling 108 shares during the period. Steph & Co.’s holdings in Keysight Technologies were worth $237,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in Keysight Technologies during the third quarter valued at $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the 3rd quarter worth about $29,000. American National Bank & Trust bought a new position in Keysight Technologies in the 3rd quarter worth about $31,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies during the 3rd quarter valued at about $35,000. Finally, Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Price Performance

NYSE KEYS opened at $165.55 on Thursday. The company has a 50-day moving average price of $164.72 and a 200-day moving average price of $152.76. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $28.67 billion, a P/E ratio of 47.30, a PEG ratio of 2.05 and a beta of 1.02.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KEYS shares. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $180.80.

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.