Guinness Asset Management LTD Has $506,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Guinness Asset Management LTD lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,153 shares of the scientific and technical instruments company’s stock after selling 246 shares during the period. Guinness Asset Management LTD’s holdings in Keysight Technologies were worth $506,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Natixis Advisors LLC grew its position in Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after buying an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. grew its position in Keysight Technologies by 28.7% during the third 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 buying an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. increased its stake in Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after acquiring an additional 10,579 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its holdings in Keysight Technologies by 318.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock valued at $7,835,000 after acquiring an additional 37,528 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $165.70 on Monday. The firm has a market cap of $28.69 billion, a price-to-earnings ratio of 47.34, a PEG ratio of 2.05 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a 50 day moving average of $164.72 and a 200-day moving average of $153.30.

Insider Activity at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lisa M. Poole sold 350 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock valued at $5,573,941 in the last three months. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on KEYS shares. Susquehanna reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Robert W. Baird raised their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of 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 issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

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.