Keysight Technologies (NYSE:KEYS) Lowered to “Hold” Rating by StockNews.com

StockNews.com downgraded shares of Keysight Technologies (NYSE:KEYS) from a buy rating to a hold rating in a research report released on Friday morning.

A number of other brokerages have also recently weighed in on KEYS. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Price Performance

Shares of KEYS opened at $183.40 on Friday. The stock has a market cap of $31.71 billion, a PE ratio of 52.40, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. 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 has a fifty-two week low of $119.72 and a fifty-two week high of $184.35. The firm’s 50-day simple moving average is $168.38 and its two-hundred day simple moving average is $157.93.

Insider Activity at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at $828,027.80. This trade represents a 6.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock worth $5,573,941 over the last quarter. Company insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $29,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $35,000. Venturi Wealth Management LLC lifted its stake in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 shares in the last quarter. Hedge funds and other institutional investors own 84.58% 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.