Keysight Technologies (NYSE:KEYS) Downgraded by StockNews.com to “Hold”

Keysight Technologies (NYSE:KEYS) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Thursday.

KEYS has been the subject of a number of other reports. Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. Robert W. Baird upped their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. 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 boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note 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 company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Stock Performance

KEYS stock traded down $1.35 during midday trading on Thursday, reaching $164.78. The company had a trading volume of 665,013 shares, compared to its average volume of 733,303. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average price of $163.80 and a 200 day moving average price of $151.82. The firm has a market capitalization of $28.54 billion, a PE ratio of 47.08, a P/E/G ratio of 2.12 and a beta of 1.02. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $175.39.

Insider Buying and Selling

In other news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred 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 transaction, the vice president now owns 4,820 shares of the company’s stock, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was 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 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 disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock valued at $5,573,941 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Large investors have recently modified their holdings of the stock. Meeder Asset Management Inc. purchased a new position in shares of Keysight Technologies in the second quarter worth approximately $27,000. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in shares of Keysight Technologies in the third quarter worth $29,000. American National Bank & Trust purchased a new position in shares of Keysight Technologies during the third quarter valued at $31,000. Finally, Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the third quarter valued at $35,000. 84.58% of the stock is owned by 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.