Chevy Chase Trust Holdings LLC Sells 2,516 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Chevy Chase Trust Holdings LLC trimmed its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,067 shares of the scientific and technical instruments company's stock after selling 2,516 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Keysight Technologies worth $14,628,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. State Street Corp lifted its holdings in Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock valued at $1,248,773,000 after buying an additional 194,294 shares during the period. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after buying an additional 292,372 shares during the period. Geode Capital Management LLC lifted its holdings in Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after buying an additional 323,235 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock valued at $158,692,000 after buying an additional 216,564 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Keysight Technologies by 2.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company's stock worth $156,851,000 after purchasing an additional 26,421 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Down 0.1 %

Shares of KEYS stock traded down $0.15 during trading hours on Thursday, hitting $184.96. 700,597 shares of the company were exchanged, compared to its average volume of 895,403. The business has a 50 day moving average of $169.26 and a two-hundred day moving average of $159.17. 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, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a market capitalization of $31.98 billion, a PE ratio of 52.85, a PEG ratio of 2.41 and a beta of 1.02.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their target price 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. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird increased their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. Morgan Stanley increased their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. Finally, StockNews.com lowered shares of Keysight Technologies from a "buy" rating to a "hold" rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $180.80.

Insider Activity at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the firm's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now owns 30,637 shares of the company's stock, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.61% of the company's stock.

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.