Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Reinhart Partners LLC.

Reinhart Partners LLC. decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 16.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 43,604 shares of the scientific and technical instruments company’s stock after selling 8,679 shares during the period. Reinhart Partners LLC.’s holdings in Keysight Technologies were worth $7,004,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC acquired a new position in Keysight Technologies in the second quarter valued at $758,000. Meeder Asset Management Inc. purchased a new stake in shares of Keysight Technologies during the second quarter worth about $27,000. DekaBank Deutsche Girozentrale lifted its stake in shares of Keysight Technologies by 3.8% in the second quarter. DekaBank Deutsche Girozentrale now owns 89,442 shares of the scientific and technical instruments company’s stock worth $12,027,000 after acquiring an additional 3,249 shares in the last quarter. Thoroughbred Financial Services LLC boosted its holdings in Keysight Technologies by 95.3% in the second quarter. Thoroughbred Financial Services LLC now owns 2,959 shares of the scientific and technical instruments company’s stock valued at $404,000 after purchasing an additional 1,444 shares during the last quarter. Finally, William Blair Investment Management LLC acquired a new stake in Keysight Technologies during the 2nd quarter valued at approximately $800,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated 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. The trade was a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock valued at $5,573,941 in the last ninety days. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research reports. Susquehanna restated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird increased their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $0.15 during trading on Monday, reaching $161.16. The company’s stock had a trading volume of 280,010 shares, compared to its average volume of 664,772. The business’s fifty day moving average price is $164.31 and its 200-day moving average price is $152.30. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The firm has a market cap of $27.91 billion, a price-to-earnings ratio of 46.05, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

About Keysight Technologies

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.