Prudential PLC Sells 25,250 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Prudential PLC lessened its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 27.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,948 shares of the scientific and technical instruments company's stock after selling 25,250 shares during the period. Prudential PLC's holdings in Keysight Technologies were worth $10,914,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its position in Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after acquiring an additional 61 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock valued at $387,000 after acquiring an additional 66 shares during the last quarter. OLD National Bancorp IN boosted its holdings in Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after purchasing an additional 68 shares during the last quarter. Finally, RMR Wealth Builders lifted its holdings in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after acquiring an additional 70 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company's stock, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

KEYS has been the subject of a number of recent research reports. Robert W. Baird boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. StockNews.com cut 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 price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $184.44.

Keysight Technologies Price Performance

KEYS stock traded down $10.22 during midday trading on Thursday, hitting $132.28. The company's stock had a trading volume of 340,986 shares, compared to its average volume of 1,156,923. The firm has a market capitalization of $22.86 billion, a price-to-earnings ratio of 38.02, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company has a 50 day moving average of $159.56 and a two-hundred day moving average of $161.44. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.