Thrivent Financial for Lutherans Has $5.40 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Thrivent Financial for Lutherans decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 11.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,604 shares of the scientific and technical instruments company's stock after selling 4,237 shares during the quarter. Thrivent Financial for Lutherans' holdings in Keysight Technologies were worth $5,397,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of KEYS. EverSource Wealth Advisors LLC raised its holdings in shares of Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after purchasing an additional 61 shares during the last quarter. Caprock Group LLC grew its position 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 worth $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC boosted its position in shares of Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after acquiring an additional 66 shares during the last quarter. OLD National Bancorp IN boosted its holdings in shares of Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock valued at $340,000 after purchasing an additional 68 shares during the last quarter. Finally, RMR Wealth Builders raised its holdings in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after acquiring an additional 70 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

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Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.61% of the company's stock.

Keysight Technologies Stock Down 3.1 %

NYSE KEYS traded down $4.75 during mid-day trading on Friday, reaching $150.40. 767,569 shares of the company's stock traded hands, compared to its average volume of 1,150,941. The company has a fifty day simple moving average of $166.07 and a 200-day simple moving average of $162.27. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a market cap of $25.99 billion, a price-to-earnings ratio of 42.97, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KEYS. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Robert W. Baird upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $184.44.

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.