Commerce Bank Sells 4,128 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Commerce Bank cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 86,701 shares of the scientific and technical instruments company's stock after selling 4,128 shares during the period. Commerce Bank owned 0.05% of Keysight Technologies worth $13,927,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Norges Bank bought a new position in shares of Keysight Technologies during the 4th quarter worth approximately $320,707,000. Boston Partners grew its stake in Keysight Technologies by 21.7% in 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 buying an additional 704,920 shares during the last quarter. Madison Investment Advisors LLC acquired a new stake in Keysight Technologies during the fourth quarter worth approximately $88,166,000. Los Angeles Capital Management LLC grew its position in shares of Keysight Technologies by 330.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock valued at $108,244,000 after purchasing an additional 517,267 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd boosted its stake in Keysight Technologies by 282.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company's stock valued at $100,586,000 after purchasing an additional 462,403 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KEYS has been the subject of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. decreased 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 report on Thursday, April 17th. Robert W. Baird lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $181.33.

Keysight Technologies Trading Up 1.8 %

KEYS traded up $2.41 during trading on Wednesday, hitting $137.52. The company's stock had a trading volume of 911,392 shares, compared to its average volume of 1,149,747. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The stock's fifty day moving average price is $151.96 and its 200-day moving average price is $160.11. The firm has a market capitalization of $23.76 billion, a P/E ratio of 39.29, a PEG ratio of 2.41 and a beta of 1.12.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value 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 trade represents a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is owned by company insiders.

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.