Keysight Technologies, Inc. (NYSE:KEYS) Stock Holdings Lessened by Van ECK Associates Corp

Van ECK Associates Corp trimmed its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 88.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 159,693 shares of the scientific and technical instruments company’s stock after selling 1,219,887 shares during the quarter. Van ECK Associates Corp owned 0.09% of Keysight Technologies worth $25,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in Keysight Technologies in the third quarter worth approximately $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the third quarter worth approximately $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies in the third quarter worth approximately $35,000. Groupama Asset Managment increased its holdings in Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 9,437 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in Keysight Technologies in the third quarter worth approximately $57,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America increased their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Robert W. Baird increased their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Finally, Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

Insider Transactions at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the firm’s 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 transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Up 2.3 %

Shares of Keysight Technologies stock opened at $183.40 on Friday. The company’s fifty day simple moving average is $168.38 and its 200-day simple moving average is $157.93. The company has a market cap of $31.71 billion, a price-to-earnings ratio of 52.40, a PEG ratio of 2.25 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 $184.35.

Keysight Technologies Company 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.