Bank of Montreal Can Lowers Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Bank of Montreal Can reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 212,574 shares of the scientific and technical instruments company's stock after selling 3,934 shares during the period. Bank of Montreal Can owned about 0.12% of Keysight Technologies worth $34,146,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Keysight Technologies in the 4th quarter worth $320,707,000. Boston Partners grew its stake in shares of Keysight Technologies by 21.7% during the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after acquiring an additional 704,920 shares during the period. Madison Investment Advisors LLC purchased a new stake in Keysight Technologies in the 4th quarter worth approximately $88,166,000. Los Angeles Capital Management LLC raised its stake in Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock worth $108,244,000 after acquiring an additional 517,267 shares during the period. Finally, ANTIPODES PARTNERS Ltd boosted its position in shares of Keysight Technologies by 282.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company's stock worth $100,586,000 after purchasing an additional 462,403 shares during the period. 84.58% of the stock is currently owned by institutional investors.

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Keysight Technologies Trading Down 0.9 %

KEYS traded down $1.23 on Wednesday, hitting $135.66. The company had a trading volume of 180,755 shares, compared to its average volume of 1,063,561. The company has a market cap of $23.44 billion, a PE ratio of 38.76, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The business's fifty day simple moving average is $156.21 and its 200 day simple moving average is $160.85. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the company's 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 of the company's stock, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages recently weighed in on KEYS. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Finally, Robert W. Baird increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $184.44.

Keysight Technologies Company 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.