CANADA LIFE ASSURANCE Co reduced its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 652,430 shares of the scientific and technical instruments company's stock after selling 72,020 shares during the quarter. CANADA LIFE ASSURANCE Co owned 0.38% of Keysight Technologies worth $104,766,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC boosted its stake in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after buying an additional 133 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $120,000. Huntington National Bank raised its holdings in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after purchasing an additional 216 shares in the last quarter. Finally, Principal Securities Inc. lifted its stake in Keysight Technologies by 45.0% during the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after purchasing an additional 259 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.
Insiders Place Their Bets
In related news, CFO Neil Dougherty sold 3,632 shares of the 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 owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.61% of the company's stock.
Analyst Upgrades and Downgrades
KEYS has been the topic of several research reports. Robert W. Baird upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Wells Fargo & Company upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. dropped their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $181.33.
Check Out Our Latest Report on KEYS
Keysight Technologies Stock Up 2.4 %
Shares of Keysight Technologies stock traded up $3.21 on Tuesday, hitting $135.09. 141,675 shares of the company traded hands, compared to its average volume of 1,148,089. The company has a market cap of $23.35 billion, a PE ratio of 38.60, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month 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. The company has a 50-day moving average price of $152.84 and a 200 day moving average price of $160.28.
Keysight Technologies Profile
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Free Report)
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.
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