Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by AFT Forsyth & Company Inc.

AFT Forsyth & Company Inc. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 6.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,275 shares of the scientific and technical instruments company’s stock after selling 90 shares during the period. AFT Forsyth & Company Inc.’s holdings in Keysight Technologies were worth $205,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. State Street Corp boosted its holdings in shares of Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after buying an additional 194,294 shares during the period. Swedbank AB lifted its position in 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. Geode Capital Management LLC lifted its position in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Vontobel Holding Ltd. lifted its position in Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after purchasing an additional 10,579 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 0.7 %

KEYS stock opened at $177.82 on Thursday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $180.26. The company has a market capitalization of $30.75 billion, a price-to-earnings ratio of 50.81, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The firm’s 50-day moving average is $167.95 and its two-hundred day moving average is $157.46. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insiders Place Their Bets

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction 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 $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. In the last three months, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Bank of America lifted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $180.80.

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.