Wealthspire Advisors LLC Cuts Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Wealthspire Advisors LLC decreased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 10.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,365 shares of the scientific and technical instruments company’s stock after selling 159 shares during the period. Wealthspire Advisors LLC’s holdings in Keysight Technologies were worth $219,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Caprock Group LLC grew its position in shares of Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN grew its position in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after buying an additional 68 shares during the last quarter. RMR Wealth Builders grew its position in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after buying an additional 70 shares during the last quarter. Wedmont Private Capital grew its position in shares of Keysight Technologies by 3.8% in the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after buying an additional 88 shares during the last quarter. Finally, Hunter Associates Investment Management LLC grew its position in shares of Keysight Technologies by 6.9% in the 4th quarter. Hunter Associates Investment Management LLC now owns 1,465 shares of the scientific and technical instruments company’s stock worth $235,000 after buying an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Morgan Stanley lifted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 22nd. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Price Performance

NYSE:KEYS opened at $158.38 on Friday. 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 firm has a market cap of $27.38 billion, a price-to-earnings ratio of 45.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a 50 day moving average price of $169.91 and a 200-day moving average price of $160.93. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Insider Activity

In other news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. The trade was a 12.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Page sold 3,884 shares of the business’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $658,959.44. Following the completion of the sale, the senior vice president now directly owns 37,081 shares of the company’s stock, valued at approximately $6,291,162.46. The trade was a 9.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,118 shares of company stock valued at $5,411,891 in the last three months. 0.61% of the stock is currently 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.