Stratos Wealth Advisors LLC Sells 905 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Stratos Wealth Advisors LLC cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 24.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,803 shares of the scientific and technical instruments company’s stock after selling 905 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Keysight Technologies were worth $450,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the third quarter worth $35,000. Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares during the period. Finally, Prospera Private Wealth LLC purchased a new stake in Keysight Technologies in the third quarter worth $57,000. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $174.43 on Friday. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $180.26. The stock’s 50-day moving average is $167.55 and its 200 day moving average is $156.25. The company has a market cap of $30.16 billion, a P/E ratio of 49.84, a PEG ratio of 2.26 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Analysts Set New Price Targets

KEYS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Susquehanna reiterated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Bank of America increased their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. 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. 0.61% of the stock is owned by corporate insiders.

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.