Meiji Yasuda Asset Management Co Ltd. Sells 166 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Meiji Yasuda Asset Management Co Ltd. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.6% during the 4th quarter, Holdings Channel reports. The firm owned 28,826 shares of the scientific and technical instruments company’s stock after selling 166 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Keysight Technologies were worth $4,630,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Pathstone Holdings LLC lifted its holdings in 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 worth $2,791,000 after buying an additional 283 shares during the period. Cerity Partners LLC lifted its stake in shares of Keysight Technologies by 12.9% in the 3rd quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock valued at $1,588,000 after purchasing an additional 1,140 shares during the period. Algert Global LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at approximately $727,000. Larson Financial Group LLC grew its stake in Keysight Technologies by 31.7% in the third quarter. Larson Financial Group LLC now owns 1,853 shares of the scientific and technical instruments company’s stock worth $294,000 after purchasing an additional 446 shares during the period. Finally, Daiwa Securities Group Inc. raised its holdings in Keysight Technologies by 21.1% in the third quarter. Daiwa Securities Group Inc. now owns 25,478 shares of the scientific and technical instruments company’s stock worth $4,049,000 after purchasing an additional 4,432 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Keysight Technologies Price Performance

NYSE KEYS opened at $158.31 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market capitalization of $27.36 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 2.41 and a beta of 1.10. The stock has a 50-day moving average of $166.75 and a 200 day moving average of $162.33. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s 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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.61% of the company’s stock.

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.