Keysight Technologies (NYSE:KEYS) Downgraded by StockNews.com to Hold

StockNews.com lowered shares of Keysight Technologies (NYSE:KEYS) from a buy rating to a hold rating in a report published on Thursday morning.

KEYS has been the topic of several other reports. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped 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. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird upped their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $164.78 on Thursday. The stock has a fifty day moving average price of $163.80 and a 200 day moving average price of $151.82. 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 has a 52 week low of $119.72 and a 52 week high of $175.39. The firm has a market capitalization of $28.54 billion, a P/E ratio of 47.08, a PEG ratio of 2.12 and a beta of 1.02.

Insider Buying and Selling

In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Keysight Technologies

Several hedge funds have recently bought and sold shares of the company. Natixis Advisors LLC raised its holdings in shares of Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after buying an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. grew its stake in shares of Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. increased its stake in Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after buying an additional 10,579 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its stake in shares of Keysight Technologies by 318.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock valued at $7,835,000 after acquiring an additional 37,528 shares during the period. 84.58% of the stock is currently owned by institutional investors.

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.