Aviva PLC Sells 3,119 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Aviva PLC cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,125 shares of the scientific and technical instruments company's stock after selling 3,119 shares during the quarter. Aviva PLC owned 0.09% of Keysight Technologies worth $25,560,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Dynamic Technology Lab Private Ltd acquired a new stake in Keysight Technologies during the 4th quarter worth about $805,000. Hel Ved Capital Management Ltd purchased a new stake in shares of Keysight Technologies in the 4th quarter valued at approximately $18,786,000. Resona Asset Management Co. Ltd. acquired a new stake in shares of Keysight Technologies during the 4th quarter valued at about $8,432,000. Wells Fargo & Company MN lifted its holdings in shares of Keysight Technologies by 35.7% during the 4th quarter. Wells Fargo & Company MN now owns 834,438 shares of the scientific and technical instruments company's stock valued at $134,036,000 after buying an additional 219,729 shares during the last quarter. Finally, Thoroughbred Financial Services LLC grew its stake in shares of Keysight Technologies by 6.6% in the 4th quarter. Thoroughbred Financial Services LLC now owns 2,195 shares of the scientific and technical instruments company's stock valued at $352,000 after buying an additional 136 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.

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Keysight Technologies Stock Performance

KEYS stock traded down $0.59 during mid-day trading on Friday, reaching $132.82. 415,581 shares of the stock traded hands, compared to its average volume of 1,155,390. The firm has a market capitalization of $22.95 billion, a PE ratio of 37.85, a P/E/G ratio of 2.41 and a beta of 1.12. The business has a 50-day moving average of $158.70 and a two-hundred day moving average of $161.29. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.61% of the stock is owned by insiders.

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.