TD Asset Management Inc reduced its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 323,646 shares of the scientific and technical instruments company’s stock after selling 16,442 shares during the period. TD Asset Management Inc owned about 0.19% of Keysight Technologies worth $53,033,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of KEYS. Summit Financial LLC grew its position in Keysight Technologies by 2.2% during the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock worth $519,000 after acquiring an additional 73 shares during the last quarter. Private Trust Co. NA lifted its position in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock worth $39,000 after purchasing an additional 75 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Keysight Technologies by 9.1% during the first quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock worth $146,000 after purchasing an additional 76 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of Keysight Technologies by 2.4% during the second quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock worth $579,000 after purchasing an additional 80 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Keysight Technologies by 49.1% during the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 81 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.
Keysight Technologies Trading Up 0.2%
Shares of NYSE KEYS opened at $165.16 on Thursday. The company’s fifty day moving average is $168.59 and its 200-day moving average is $159.76. The stock has a market cap of $28.38 billion, a price-to-earnings ratio of 52.60, a P/E/G ratio of 2.30 and a beta of 1.18. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $186.20. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45.
Analyst Ratings Changes
KEYS has been the topic of a number of research reports. Barclays reduced their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 20th. JPMorgan Chase & Co. upped their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Bank of America upped their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday, October 8th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.
Check Out Our Latest Research Report on KEYS
Insider Buying and Selling
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president directly owned 106,590 shares in the company, valued at approximately $18,544,528.20. This trade represents a 1.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.61% of the company’s stock.
Keysight Technologies 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.
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