Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 179,716 shares of the scientific and technical instruments company’s stock after selling 7,832 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Keysight Technologies were worth $28,868,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its holdings in shares of Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the period. Janney Montgomery Scott LLC raised its holdings in Keysight Technologies by 72.6% in 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 buying an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. lifted its position in Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock valued at $12,814,000 after buying an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. grew its stake in Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after buying an additional 10,579 shares during the period. Finally, LMR Partners LLP acquired a new stake in shares of Keysight Technologies in the third quarter worth $14,339,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $170.50 on Friday. The firm has a market cap of $29.53 billion, a P/E ratio of 48.71, a P/E/G ratio of 2.18 and a beta of 1.02. The firm has a fifty day moving average of $166.85 and a two-hundred day moving average of $155.10. 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 $175.39.

Insider Buying and Selling

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 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 in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,063 shares of company stock worth $5,573,941. Corporate insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent research reports. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Morgan Stanley upped their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Bank of America raised their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $180.80.

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.