Keysight Technologies, Inc. (NYSE:KEYS) Holdings Trimmed by Rhumbline Advisers

Rhumbline Advisers lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 332,985 shares of the scientific and technical instruments company's stock after selling 8,149 shares during the period. Rhumbline Advisers owned 0.19% of Keysight Technologies worth $53,487,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies during the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC bought a new position in Keysight Technologies during the 3rd quarter worth $35,000. Groupama Asset Managment increased its position in Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock worth $35,000 after buying an additional 9,437 shares during the period. Finally, Prospera Private Wealth LLC acquired a new stake in Keysight Technologies in the third quarter worth $57,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Price Performance

NYSE KEYS traded down $0.15 on Thursday, reaching $184.96. 700,597 shares of the stock traded hands, compared to its average volume of 895,403. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a market cap of $31.98 billion, a price-to-earnings ratio of 52.85, a P/E/G ratio of 2.41 and a beta of 1.02. The firm's fifty day simple moving average is $169.26 and its 200 day simple moving average is $159.17. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on KEYS shares. Barclays upped their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Morgan Stanley upped their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird raised their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $180.80.

Insider Activity

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the transaction, the senior vice president now owns 35,912 shares in the company, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the 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 sale, the vice president now owns 4,820 shares of the company's stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 over the last 90 days. 0.61% of the stock is currently owned by company insiders.

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.