Mission Wealth Management LP Cuts Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Mission Wealth Management LP lowered its position in Keysight Technologies, Inc. (NYSE:KEYS) by 5.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,967 shares of the scientific and technical instruments company’s stock after selling 1,068 shares during the period. Mission Wealth Management LP’s holdings in Keysight Technologies were worth $3,207,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% during the third 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 period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Keysight Technologies by 23.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock worth $1,547,000 after acquiring an additional 1,866 shares in the last quarter. F M Investments LLC bought a new position in Keysight Technologies in the 3rd quarter worth about $1,993,000. Janney Montgomery Scott LLC grew its stake in Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares in the last quarter. Finally, Fort Pitt Capital Group LLC grew its position in shares of Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after purchasing an additional 254,985 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on KEYS. Wells Fargo & Company upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 22nd. Robert W. Baird boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Bank of America raised their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Price Performance

KEYS opened at $159.61 on Monday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market cap of $27.60 billion, a price-to-earnings ratio of 45.60, a PEG ratio of 2.41 and a beta of 1.02. The stock’s 50-day moving average price is $169.84 and its 200 day moving average price is $161.65. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

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.