Van ECK Associates Corp Has $25.65 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Van ECK Associates Corp lessened its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 88.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 159,693 shares of the scientific and technical instruments company's stock after selling 1,219,887 shares during the period. Van ECK Associates Corp owned about 0.09% of Keysight Technologies worth $25,652,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the third quarter worth $35,000. Versant Capital Management Inc increased its stake in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock worth $57,000 after acquiring an additional 158 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Keysight Technologies in the third quarter worth $57,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Performance

KEYS stock traded up $1.03 during mid-day trading on Tuesday, reaching $184.49. 431,261 shares of the stock traded hands, compared to its average volume of 875,922. 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 52 week low of $119.72 and a 52 week high of $185.12. The business has a 50-day moving average of $168.60 and a two-hundred day moving average of $158.57. The firm has a market capitalization of $31.90 billion, a PE ratio of 52.72, a P/E/G ratio of 2.25 and a beta of 1.02.

Insider Buying and Selling at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated 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 sale, the senior vice president now owns 85,829 shares of the company's stock, 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. Insiders sold 33,063 shares of company stock worth $5,573,941 over the last ninety days. Company insiders own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KEYS. Susquehanna reaffirmed a "positive" rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. Finally, Robert W. Baird upped their price objective 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. One investment 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 MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $180.80.

Keysight Technologies 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.