MML Investors Services LLC cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,879 shares of the scientific and technical instruments company's stock after selling 3,556 shares during the period. MML Investors Services LLC's holdings in Keysight Technologies were worth $3,000,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Cromwell Holdings LLC raised its position in Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock valued at $87,000 after purchasing an additional 75 shares during the period. Allworth Financial LP boosted its stake in shares of Keysight Technologies by 3.9% during the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock worth $317,000 after purchasing an additional 75 shares during the period. Diversified LLC boosted its stake in shares of Keysight Technologies by 3.6% during the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company's stock worth $309,000 after purchasing an additional 78 shares during the period. Ameritas Investment Partners Inc. lifted its stake in Keysight Technologies by 0.4% in the second quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company's stock worth $2,826,000 after purchasing an additional 82 shares during the last quarter. Finally, HB Wealth Management LLC lifted its stake in shares of Keysight Technologies by 3.4% during the 2nd quarter. HB Wealth Management LLC now owns 2,804 shares of the scientific and technical instruments company's stock worth $383,000 after acquiring an additional 92 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.
Insider Activity
In other news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company's stock, valued at $5,267,113.04. The trade was a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,063 shares of company stock worth $4,603,201. 0.60% of the stock is currently owned by insiders.
Keysight Technologies Stock Down 1.1 %
Keysight Technologies stock traded down $1.85 during mid-day trading on Friday, reaching $166.50. 754,550 shares of the company's stock were exchanged, compared to its average volume of 1,203,538. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a fifty day moving average of $161.32 and a 200-day moving average of $148.55. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $28.89 billion, a P/E ratio of 47.57, a P/E/G ratio of 2.15 and a beta of 1.00.
Wall Street Analysts Forecast Growth
KEYS has been the topic of a number of recent research reports. Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a report on Wednesday, November 20th. 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. Bank of America upped their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a report on Wednesday, November 20th. StockNews.com cut Keysight Technologies from a "buy" rating to a "hold" rating in a report on Saturday, November 23rd. Finally, JPMorgan Chase & Co. upped their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.
View Our Latest Stock Report on KEYS
About Keysight Technologies
(
Free Report)
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.
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