Groupama Asset Managment Decreases Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Groupama Asset Managment reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,330 shares of the scientific and technical instruments company's stock after selling 3,423 shares during the quarter. Groupama Asset Managment's holdings in Keysight Technologies were worth $2,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC boosted its stake in shares of Keysight Technologies by 8.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock worth $4,448,000 after purchasing an additional 2,260 shares during the period. PNC Financial Services Group Inc. lifted its stake in Keysight Technologies by 3.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock worth $8,896,000 after purchasing an additional 1,755 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock valued at $3,018,000 after buying an additional 3,857 shares during the period. Portfolio Design Labs LLC grew its stake in shares of Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock valued at $2,498,000 after buying an additional 2,336 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of 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 worth $697,411,000 after buying an additional 323,235 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

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Keysight Technologies Stock Down 6.6 %

NYSE KEYS traded down $8.97 during trading on Friday, reaching $126.76. 2,107,026 shares of the company's stock traded hands, compared to its average volume of 1,155,570. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market cap of $21.91 billion, a price-to-earnings ratio of 36.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company's 50 day simple moving average is $163.25 and its two-hundred day simple moving average is $162.15.

Analyst Ratings Changes

Several brokerages have commented on KEYS. Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, Wells Fargo & Company upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $184.44.

Insider Activity

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