Keysight Technologies (NYSE:KEYS) Stock Rating Lowered by StockNews.com

StockNews.com lowered shares of Keysight Technologies (NYSE:KEYS - Free Report) from a buy rating to a hold rating in a research note released on Friday morning.

Other analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Susquehanna restated a "positive" rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Robert W. Baird boosted their target price 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. Finally, Bank of America increased their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $180.80.

Keysight Technologies Price Performance

Keysight Technologies stock traded up $1.39 during trading hours on Friday, hitting $184.85. 1,173,766 shares of the company traded hands, compared to its average volume of 900,773. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $185.12. The firm has a market cap of $31.96 billion, a P/E ratio of 52.81, a P/E/G ratio of 2.25 and a beta of 1.02. The firm's 50-day simple moving average is $168.60 and its two-hundred day simple moving average is $158.57. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares in the company, 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 sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is owned by corporate insiders.

Institutional Trading of Keysight Technologies

Several hedge funds and other institutional investors have recently modified their holdings of KEYS. Vanguard Group Inc. increased its holdings in Keysight Technologies by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock worth $3,352,932,000 after buying an additional 55,223 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Keysight Technologies by 29.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock worth $2,588,546,000 after purchasing an additional 3,621,349 shares during the last quarter. State Street Corp increased its stake in shares of Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock worth $1,248,773,000 after purchasing an additional 194,294 shares during the last quarter. Kovitz Investment Group Partners LLC raised its holdings in shares of Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after purchasing an additional 3,650,953 shares in the last quarter. Finally, Swedbank AB lifted its stake in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after purchasing an additional 292,372 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

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.