Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 8.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 761,527 shares of the scientific and technical instruments company’s stock after selling 71,281 shares during the period. Janus Henderson Group PLC’s holdings in Keysight Technologies were worth $122,372,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of KEYS. EverSource Wealth Advisors LLC raised its position in shares of Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after purchasing an additional 61 shares during the period. Caprock Group LLC raised its position in shares of Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after purchasing an additional 66 shares during the period. Signaturefd LLC raised its position in Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after buying an additional 66 shares during the period. OLD National Bancorp IN raised its position in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares during the period. Finally, RMR Wealth Builders raised its position in Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after buying an additional 70 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $162.61 on Tuesday. The business’s 50 day moving average is $145.54 and its two-hundred day moving average is $159.20. The company has a market cap of $28.10 billion, a P/E ratio of 46.46, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at $17,834,765. This represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Robert W. Baird lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Finally, Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $181.33.

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.