Reinhart Partners LLC. Sells 8,679 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Reinhart Partners LLC. reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 16.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 43,604 shares of the scientific and technical instruments company’s stock after selling 8,679 shares during the quarter. Reinhart Partners LLC.’s holdings in Keysight Technologies were worth $7,004,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth $27,000. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the 3rd quarter worth approximately $29,000. American National Bank & Trust acquired a new position in Keysight Technologies during the third quarter valued at approximately $31,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $35,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on KEYS shares. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. 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 research note on Wednesday, November 20th. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Barclays increased their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Performance

KEYS traded down $0.15 during trading on Monday, hitting $161.16. The stock had a trading volume of 280,010 shares, compared to its average volume of 664,772. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a 50 day moving average price of $164.31 and a 200-day moving average price of $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 P/E/G ratio of 2.12 and a beta of 1.02.

Insider Activity

In related news, 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 value of $3,023,680.52. Following the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction 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 completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. 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. 0.60% of the stock is owned by company 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.