Tiemann Investment Advisors LLC Sells 150 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Tiemann Investment Advisors LLC cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 6.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,172 shares of the scientific and technical instruments company’s stock after selling 150 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in Keysight Technologies were worth $349,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in Keysight Technologies in the third quarter worth about $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $35,000. Groupama Asset Managment lifted its stake in shares of Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC boosted its position in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

KEYS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft raised 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. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Bank of America upped their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, March 3rd. Finally, Robert W. Baird upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Price Performance

Shares of KEYS opened at $156.09 on Monday. The company has a market capitalization of $26.99 billion, a P/E ratio of 44.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. 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 firm has a 50 day moving average of $169.00 and a 200 day moving average of $162.16.

Insiders Place Their Bets

In related news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

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.