Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Choreo LLC

Choreo LLC lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,210 shares of the scientific and technical instruments company’s stock after selling 703 shares during the period. Choreo LLC’s holdings in Keysight Technologies were worth $1,481,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after acquiring an additional 3,857 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in Keysight Technologies by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,181 shares of the scientific and technical instruments company’s stock worth $993,000 after buying an additional 202 shares during the last quarter. E. Ohman J or Asset Management AB boosted its stake in Keysight Technologies by 17.1% in the 4th quarter. E. Ohman J or Asset Management AB now owns 8,200 shares of the scientific and technical instruments company’s stock worth $1,317,000 after buying an additional 1,200 shares during the last quarter. Willis Investment Counsel boosted its stake in Keysight Technologies by 2.9% in the 4th quarter. Willis Investment Counsel now owns 75,611 shares of the scientific and technical instruments company’s stock worth $12,145,000 after buying an additional 2,125 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its stake in Keysight Technologies by 4.6% in the 4th quarter. CENTRAL TRUST Co now owns 2,908 shares of the scientific and technical instruments company’s stock worth $467,000 after buying an additional 129 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $174.43 on Friday. The firm has a market capitalization of $30.16 billion, a P/E ratio of 49.84, a P/E/G ratio of 2.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $180.26. The business’s 50-day simple moving average is $167.55 and its 200-day simple moving average is $156.25.

Insider Activity at Keysight Technologies

In related news, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock 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 stock an “outperform” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Bank of America raised their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus price target of $180.80.

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.