Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,143 shares of the scientific and technical instruments company’s stock after selling 142 shares during the period. HighPoint Advisor Group LLC’s holdings in Keysight Technologies were worth $378,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Erste Asset Management GmbH acquired a new stake in shares of Keysight Technologies in the third quarter valued at $29,000. Groupama Asset Managment boosted its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares in the last quarter. Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $35,000. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 1.1 %

Shares of NYSE:KEYS opened at $151.76 on Thursday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm has a fifty day moving average price of $164.91 and a 200 day moving average price of $162.41. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $26.23 billion, a PE ratio of 43.36, a P/E/G ratio of 2.41 and a beta of 1.12.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies presently has a consensus 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.