Whittier Trust Co. Sells 149 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Whittier Trust Co. lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,339 shares of the scientific and technical instruments company’s stock after selling 149 shares during the quarter. Whittier Trust Co.’s holdings in Keysight Technologies were worth $536,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Swedbank AB raised its stake in Keysight Technologies by 7.1% in 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. Pathstone Holdings LLC raised its position in shares of Keysight Technologies by 1.6% in the third quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock valued at $2,791,000 after buying an additional 283 shares in the last quarter. Caprock Group LLC boosted its stake in shares of Keysight Technologies by 10.2% in the third quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock valued at $486,000 after buying an additional 284 shares during the period. PNC Financial Services Group Inc. grew its position in Keysight Technologies by 0.3% during the third quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock worth $8,522,000 after buying an additional 187 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its stake in Keysight Technologies by 6.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,798 shares of the scientific and technical instruments company’s stock worth $286,000 after acquiring an additional 114 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on 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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 0.3 %

Shares of Keysight Technologies stock opened at $154.65 on Friday. The firm’s 50 day moving average is $166.92 and its 200 day moving average is $162.05. The firm has a market capitalization of $26.72 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

A number of analysts have recently weighed in on KEYS shares. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Finally, Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

About Keysight Technologies

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.