Edgestream Partners L.P. Trims Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Edgestream Partners L.P. lowered its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 75.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,396 shares of the scientific and technical instruments company's stock after selling 22,866 shares during the quarter. Edgestream Partners L.P.'s holdings in Keysight Technologies were worth $1,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Verition Fund Management LLC grew its position in shares of Keysight Technologies by 106.0% in the 3rd quarter. Verition Fund Management LLC now owns 39,738 shares of the scientific and technical instruments company's stock worth $6,316,000 after buying an additional 20,448 shares during the last quarter. Captrust Financial Advisors increased its position in Keysight Technologies by 27.6% during the 3rd quarter. Captrust Financial Advisors now owns 6,940 shares of the scientific and technical instruments company's stock valued at $1,103,000 after purchasing an additional 1,502 shares during the period. Vinva Investment Management Ltd bought a new position in Keysight Technologies in the 3rd quarter worth $1,179,000. Public Sector Pension Investment Board lifted its position in shares of Keysight Technologies by 13.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 7,579 shares of the scientific and technical instruments company's stock worth $1,205,000 after purchasing an additional 900 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Keysight Technologies by 10.9% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 33,563 shares of the scientific and technical instruments company's stock valued at $5,334,000 after purchasing an additional 3,293 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on KEYS. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Susquehanna reissued a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $177.30.

Keysight Technologies Stock Down 1.5 %

Shares of KEYS traded down $2.63 during mid-day trading on Thursday, hitting $169.63. The company's stock had a trading volume of 821,471 shares, compared to its average volume of 1,210,635. The firm has a market capitalization of $29.44 billion, a price-to-earnings ratio of 49.23, a PEG ratio of 2.19 and a beta of 1.00. The company's 50-day moving average is $159.57 and its 200-day moving average is $147.38. 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 $175.39.

Insider Buying and Selling at Keysight Technologies

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares of the company's stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Lisa M. Poole sold 350 shares of the 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 transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,651 shares of company stock worth $3,844,690. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies 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.