Ferguson Wellman Capital Management Inc. Has $1.56 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Ferguson Wellman Capital Management Inc. reduced its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 27.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,705 shares of the scientific and technical instruments company's stock after selling 3,687 shares during the period. Ferguson Wellman Capital Management Inc.'s holdings in Keysight Technologies were worth $1,559,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Savant Capital LLC boosted its holdings in shares of Keysight Technologies by 12.0% in the 4th quarter. Savant Capital LLC now owns 2,409 shares of the scientific and technical instruments company's stock worth $387,000 after acquiring an additional 258 shares in the last quarter. Advisors Preferred LLC acquired a new position in shares of Keysight Technologies in the 4th quarter valued at $2,937,000. Lecap Asset Management Ltd. bought a new stake in shares of Keysight Technologies in the 4th quarter valued at $1,472,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Keysight Technologies by 26.2% in the 4th 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 in the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in shares of Keysight Technologies by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,181 shares of the scientific and technical instruments company's stock valued at $993,000 after buying an additional 202 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

KEYS has been the subject of a number of research reports. Bank of America increased their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research note on Friday. Robert W. Baird raised their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" 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 stock a "buy" rating in a research report on Wednesday, November 20th. Finally, Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $180.80.

Keysight Technologies Price Performance

NYSE:KEYS traded up $4.10 during mid-day trading on Friday, reaching $183.40. The stock had a trading volume of 1,337,408 shares, compared to its average volume of 891,674. The stock has a 50-day simple moving average of $168.38 and a two-hundred day simple moving average of $157.93. The stock has a market capitalization of $31.71 billion, a PE ratio of 52.40, a P/E/G ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $184.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insiders Place Their Bets

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the business's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is currently owned by 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.