Greenleaf Trust lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,378 shares of the scientific and technical instruments company’s stock after selling 715 shares during the quarter. Greenleaf Trust’s holdings in Keysight Technologies were worth $703,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Keysight Technologies by 8.4% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,343 shares of the scientific and technical instruments company’s stock valued at $858,000 after buying an additional 415 shares during the period. Caprock Group LLC boosted its stake in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares during the period. Hunter Associates Investment Management LLC boosted its stake in shares of Keysight Technologies by 6.9% in the fourth quarter. Hunter Associates Investment Management LLC now owns 1,465 shares of the scientific and technical instruments company’s stock valued at $235,000 after buying an additional 95 shares during the period. OLD National Bancorp IN boosted its stake in shares of Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares during the period. Finally, Forsta AP Fonden boosted its stake in shares of Keysight Technologies by 2.2% in the fourth quarter. Forsta AP Fonden now owns 37,600 shares of the scientific and technical instruments company’s stock valued at $6,040,000 after buying an additional 800 shares during the period. Institutional investors own 84.58% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Morgan Stanley boosted their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” 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 company an “underperform” rating in a research note on Wednesday, November 20th. Barclays boosted their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Robert W. Baird upped their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.
Insider Transactions at Keysight Technologies
In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction on 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 of the company’s stock, valued at $5,267,113.04. The trade was a 12.59 % decrease in their ownership of the stock. 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. Corporate insiders own 0.61% of the company’s stock.
Keysight Technologies Stock Down 0.2 %
Shares of NYSE:KEYS opened at $176.03 on Wednesday. The company has a fifty day moving average of $167.19 and a 200-day moving average of $155.95. The company has a market capitalization of $30.44 billion, a PE ratio of 50.29, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $180.26.
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.
Featured Articles
- Five stocks we like better than Keysight Technologies
- How to Calculate Return on Investment (ROI)
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- Best Stocks Under $10.00
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- The Risks of Owning Bonds
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.