Vontobel Holding Ltd. Sells 67,745 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Vontobel Holding Ltd. reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 6.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,013,424 shares of the scientific and technical instruments company's stock after selling 67,745 shares during the period. Vontobel Holding Ltd. owned 0.59% of Keysight Technologies worth $162,786,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Caprock Group LLC lifted 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 valued at $502,000 after purchasing an additional 66 shares in the last quarter. OLD National Bancorp IN increased its holdings in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after buying an additional 68 shares during the last quarter. RMR Wealth Builders increased its holdings in Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after buying an additional 70 shares during the last quarter. Cromwell Holdings LLC increased its holdings in Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock worth $87,000 after buying an additional 75 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in Keysight Technologies by 3.9% during the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock worth $317,000 after buying an additional 75 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on 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 directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The shares were 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 of the company's stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Morgan Stanley raised 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. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" 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 report on Wednesday, November 20th. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $180.80.

Keysight Technologies Price Performance

NYSE:KEYS traded up $1.39 during mid-day trading on Tuesday, hitting $184.85. 1,173,766 shares of the stock traded hands, compared to its average volume of 900,773. The business's 50-day moving average price is $168.60 and its 200 day moving average price is $158.57. The company has a market cap of $31.96 billion, a PE ratio of 52.81, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $185.12. 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 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.