Quantinno Capital Management LP lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 18.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,164 shares of the scientific and technical instruments company's stock after selling 5,926 shares during the period. Quantinno Capital Management LP's holdings in Keysight Technologies were worth $4,158,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Truvestments Capital LLC bought a new stake in Keysight Technologies during the third quarter valued at about $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the 3rd quarter valued at approximately $29,000. American National Bank & Trust acquired a new stake in Keysight Technologies in the 3rd quarter valued at approximately $31,000. Meeder Asset Management Inc. bought a new position in Keysight Technologies in the 2nd quarter worth approximately $27,000. Finally, Family Firm Inc. acquired a new position in shares of Keysight Technologies during the second quarter worth approximately $30,000. Institutional investors own 84.58% of the company's stock.
Analyst Ratings Changes
A number of analysts have weighed in on KEYS shares. JPMorgan Chase & Co. increased their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a report on Wednesday, August 21st. Robert W. Baird increased 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. Wells Fargo & Company reaffirmed an "overweight" rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. StockNews.com lowered shares of Keysight Technologies from a "buy" rating to a "hold" rating in a report on Saturday, November 23rd. Finally, Bank of America lifted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $177.30.
Read Our Latest Stock Analysis on KEYS
Keysight Technologies Trading Up 0.5 %
Shares of NYSE:KEYS traded up $0.81 during mid-day trading on Monday, reaching $172.54. The stock had a trading volume of 747,763 shares, compared to its average volume of 1,207,505. The firm has a market cap of $29.94 billion, a PE ratio of 49.07, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00. The firm has a 50 day simple moving average of $160.05 and a two-hundred day simple moving average of $147.63. The company has a current ratio of 2.98, a quick ratio of 2.27 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 $175.39.
Insider Transactions at Keysight Technologies
In related news, VP Lisa M. Poole sold 350 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,063 shares of company stock valued at $4,603,201 over the last three months. 0.60% of the stock is currently owned by corporate insiders.
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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