Nissay Asset Management Corp Japan ADV Trims Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Nissay Asset Management Corp Japan ADV trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,025 shares of the scientific and technical instruments company’s stock after selling 281 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Keysight Technologies were worth $3,588,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Keysight Technologies by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock worth $3,352,932,000 after acquiring an additional 55,223 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock worth $2,588,546,000 after acquiring an additional 3,621,349 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in Keysight Technologies by 364.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock worth $747,301,000 after acquiring an additional 3,650,953 shares in the last quarter. Geode Capital Management LLC increased its holdings in Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock worth $708,349,000 after acquiring an additional 17,213 shares in the last quarter. Finally, Boston Partners increased its holdings in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after acquiring an additional 704,920 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 0.4%

Shares of KEYS opened at $165.49 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. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a 50 day simple moving average of $146.46 and a two-hundred day simple moving average of $159.41. The firm has a market cap of $28.60 billion, a P/E ratio of 47.28, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Analyst Upgrades and Downgrades

KEYS has been the subject of several analyst reports. Morgan Stanley increased their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday. JPMorgan Chase & Co. cut their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a report on Thursday, April 17th. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Robert W. Baird increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $181.33.

Insider Activity

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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.