UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 873,282 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 26.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,379,596 shares of the scientific and technical instruments company’s stock after selling 873,282 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.37% of Keysight Technologies worth $378,189,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the third quarter worth $28,000. American National Bank & Trust bought a new stake in Keysight Technologies during the third quarter valued at $31,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the second quarter valued at $27,000. Family Firm Inc. bought a new stake in Keysight Technologies during the second quarter valued at $30,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 184 shares during the period. 84.58% of the stock is owned by institutional investors.

Insider Transactions at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Bank of America raised their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Down 1.9 %

KEYS opened at $168.61 on Friday. The company has a market cap of $29.26 billion, a P/E ratio of 48.17, a P/E/G ratio of 2.16 and a beta of 0.98. The business’s 50-day moving average price is $157.80 and its 200-day moving average price is $146.80. 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 12 month low of $119.72 and a 12 month high of $175.39.

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.