Corient Private Wealth LLC reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 127,536 shares of the scientific and technical instruments company's stock after selling 8,410 shares during the period. Corient Private Wealth LLC owned about 0.07% of Keysight Technologies worth $20,486,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after buying an additional 61 shares in the last quarter. Caprock Group LLC raised its position in shares of Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after acquiring an additional 66 shares in the last quarter. OLD National Bancorp IN lifted its stake in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after purchasing an additional 68 shares during the last quarter. RMR Wealth Builders boosted its holdings in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after purchasing an additional 70 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in Keysight Technologies by 5.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company's stock valued at $262,000 after purchasing an additional 79 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
KEYS has been the subject of several recent analyst reports. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.
View Our Latest Stock Analysis on KEYS
Insider Buying and Selling at Keysight Technologies
In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by company insiders.
Keysight Technologies Stock Performance
Shares of KEYS traded down $0.48 during mid-day trading on Friday, hitting $154.65. 1,243,928 shares of the company's stock were exchanged, compared to its average volume of 1,107,730. 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 fifty-two week low of $119.72 and a fifty-two week high of $186.20. The business's 50 day moving average is $166.92 and its two-hundred day moving average is $161.95. The firm has a market capitalization of $26.72 billion, a P/E ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10.
Keysight Technologies Company 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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