Saturna Capital Corp Decreases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Saturna Capital Corp lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 867,765 shares of the scientific and technical instruments company’s stock after selling 2,100 shares during the quarter. Keysight Technologies comprises approximately 1.9% of Saturna Capital Corp’s portfolio, making the stock its 19th largest holding. Saturna Capital Corp’s holdings in Keysight Technologies were worth $139,389,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB lifted its position in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Keysight Technologies by 2.7% during the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company’s stock worth $38,099,000 after purchasing an additional 6,241 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Keysight Technologies by 117.5% in the third quarter. Apollon Wealth Management LLC now owns 4,479 shares of the scientific and technical instruments company’s stock valued at $712,000 after purchasing an additional 2,420 shares during the period. Finally, Entropy Technologies LP acquired a new stake in Keysight Technologies during the 3rd quarter valued at $3,349,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Bank of America upped their target price 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, Barclays lifted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 2.0 %

Shares of NYSE:KEYS opened at $149.91 on Wednesday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company’s 50-day moving average price is $168.84 and its 200 day moving average price is $162.15. The company has a market cap of $25.92 billion, a PE ratio of 42.83, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.

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.