Thompson Investment Management Inc. Has $8 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Thompson Investment Management Inc. cut its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,816 shares of the scientific and technical instruments company’s stock after selling 734 shares during the quarter. Keysight Technologies accounts for about 1.1% of Thompson Investment Management Inc.’s portfolio, making the stock its 25th largest holding. Thompson Investment Management Inc.’s holdings in Keysight Technologies were worth $8,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in KEYS. State Street Corp grew its holdings in Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after acquiring an additional 194,294 shares during the last quarter. Swedbank AB grew its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Geode Capital Management LLC grew its holdings in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after acquiring an additional 323,235 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after acquiring an additional 10,579 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its holdings in Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after acquiring an additional 216,564 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on KEYS shares. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Morgan Stanley boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Insider Transactions at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Price Performance

KEYS opened at $174.43 on Friday. The firm has a market cap of $30.16 billion, a P/E ratio of 49.84, a PEG ratio of 2.25 and a beta of 1.02. The firm has a 50-day moving average of $167.62 and a 200 day moving average of $156.49. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $180.26.

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.