Hantz Financial Services Inc. Cuts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Hantz Financial Services Inc. trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 93.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,390 shares of the scientific and technical instruments company's stock after selling 60,751 shares during the period. Hantz Financial Services Inc.'s holdings in Keysight Technologies were worth $698,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new position in Keysight Technologies during the 2nd quarter worth $27,000. Truvestments Capital LLC acquired a new position in Keysight Technologies during the 3rd quarter worth $28,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies during the second quarter valued at about $30,000. American National Bank & Trust acquired a new position in shares of Keysight Technologies during the third quarter valued at about $31,000. Finally, GPS Wealth Strategies Group LLC raised its position in shares of Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company's stock valued at $35,000 after buying an additional 184 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on KEYS shares. Susquehanna reissued a "positive" rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Barclays increased their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a research note on Wednesday, August 21st. Finally, 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. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $177.30.

Keysight Technologies Stock Performance

KEYS stock traded up $0.76 during trading hours on Monday, hitting $171.60. 1,271,206 shares of the stock were exchanged, compared to its average volume of 1,214,661. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $29.78 billion, a P/E ratio of 48.81, a P/E/G ratio of 2.19 and a beta of 0.98. The company has a 50-day simple moving average of $158.44 and a two-hundred day simple moving average of $147.01. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39.

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.