Hsbc Holdings PLC Sells 86,802 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Hsbc Holdings PLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 479,403 shares of the scientific and technical instruments company's stock after selling 86,802 shares during the quarter. Hsbc Holdings PLC owned about 0.28% of Keysight Technologies worth $77,060,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. J. Safra Sarasin Holding AG increased its holdings in shares of Keysight Technologies by 30.3% in the fourth quarter. J. Safra Sarasin Holding AG now owns 89,387 shares of the scientific and technical instruments company's stock valued at $14,358,000 after buying an additional 20,807 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of Keysight Technologies by 2.1% during the fourth quarter. Stifel Financial Corp now owns 38,823 shares of the scientific and technical instruments company's stock valued at $6,236,000 after purchasing an additional 814 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of Keysight Technologies by 1.1% in the 4th quarter. OneDigital Investment Advisors LLC now owns 31,901 shares of the scientific and technical instruments company's stock valued at $5,124,000 after purchasing an additional 361 shares during the period. State of Tennessee Department of Treasury increased its stake in Keysight Technologies by 59.6% in the 4th quarter. State of Tennessee Department of Treasury now owns 106,456 shares of the scientific and technical instruments company's stock worth $17,100,000 after purchasing an additional 39,769 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in Keysight Technologies by 80.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 14,096 shares of the scientific and technical instruments company's stock worth $2,264,000 after buying an additional 6,301 shares during the period. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Up 0.5 %

NYSE:KEYS traded up $0.72 during mid-day trading on Tuesday, reaching $144.66. The stock had a trading volume of 154,939 shares, compared to its average volume of 1,146,160. The stock has a market cap of $25.00 billion, a P/E ratio of 41.35, a PEG ratio of 2.41 and a beta of 1.12. The business's 50 day moving average is $148.61 and its 200 day moving average is $159.71. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

KEYS has been the topic of several analyst reports. Robert W. Baird lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. cut their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Wells Fargo & Company upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $181.33.

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.