Kintegral Advisory LLC cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 4.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,457 shares of the scientific and technical instruments company’s stock after selling 1,699 shares during the period. Kintegral Advisory LLC’s holdings in Keysight Technologies were worth $5,856,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in shares of Keysight Technologies by 11.4% during the third quarter. Creative Planning now owns 20,874 shares of the scientific and technical instruments company’s stock worth $3,318,000 after buying an additional 2,138 shares during the period. Swedbank AB increased its stake in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares in the last quarter. Signaturefd LLC increased its stake in shares of Keysight Technologies by 7.2% during the 3rd quarter. Signaturefd LLC now owns 2,344 shares of the scientific and technical instruments company’s stock worth $373,000 after purchasing an additional 158 shares in the last quarter. Eastern Bank purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $95,000. Finally, Greenleaf Trust boosted its position in Keysight Technologies by 21.2% during the third quarter. Greenleaf Trust now owns 5,093 shares of the scientific and technical instruments company’s stock worth $809,000 after acquiring an additional 892 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on KEYS. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $182.22.
Keysight Technologies Stock Performance
Shares of KEYS opened at $175.33 on Friday. The company’s fifty day moving average is $169.77 and its 200-day moving average is $159.71. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm has a market cap of $30.32 billion, a price-to-earnings ratio of 50.10, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.
Insider Activity at Keysight Technologies
In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is owned by insiders.
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.
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