Keybank National Association OH lessened its stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 21.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,387 shares of the scientific and technical instruments company’s stock after selling 918 shares during the quarter. Keybank National Association OH’s holdings in Keysight Technologies were worth $555,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in KEYS. Private Trust Co. NA increased its stake in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after buying an additional 75 shares during the period. Concurrent Investment Advisors LLC increased its stake in Keysight Technologies by 26.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 10,700 shares of the scientific and technical instruments company’s stock valued at $1,603,000 after buying an additional 2,260 shares during the period. Greenleaf Trust increased its stake in Keysight Technologies by 3.5% in the 1st quarter. Greenleaf Trust now owns 4,533 shares of the scientific and technical instruments company’s stock valued at $679,000 after buying an additional 155 shares during the period. Principal Securities Inc. increased its stake in Keysight Technologies by 9.1% in the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock valued at $146,000 after buying an additional 76 shares during the period. Finally, Nisa Investment Advisors LLC increased its stake in Keysight Technologies by 0.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 46,956 shares of the scientific and technical instruments company’s stock valued at $7,033,000 after buying an additional 334 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Keysight Technologies Stock Performance
KEYS stock opened at $179.02 on Wednesday. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The firm has a 50 day moving average of $170.47 and a two-hundred day moving average of $163.57. The company has a market capitalization of $30.77 billion, a price-to-earnings ratio of 57.01, a P/E/G ratio of 2.38 and a beta of 1.18. Keysight Technologies Inc. has a 12 month low of $121.43 and a 12 month high of $187.11.
Analysts Set New Price Targets
Several research firms have weighed in on KEYS. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Barclays decreased their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Bank of America boosted their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Finally, Jefferies Financial Group assumed coverage on shares of Keysight Technologies in a research report on Monday, October 27th. They issued a “hold” rating and a $180.00 target price for the company. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $186.56.
Read Our Latest Analysis on Keysight Technologies
Insider Activity
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the company’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the sale, the senior vice president directly owned 106,590 shares of the company’s stock, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company’s stock.
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.
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