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

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

A number of other analysts also recently issued reports on the stock. Bank of America lifted 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. Barclays lifted their price target 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. Robert W. Baird lifted 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. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Morgan Stanley boosted their target price 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. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $183.40 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market cap of $31.71 billion, a P/E ratio of 52.40, a P/E/G ratio of 2.25 and a beta of 1.02. The firm’s fifty day moving average is $168.38 and its two-hundred day moving average is $157.93. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $184.35.

Insider Buying and Selling

In related news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,063 shares of company stock valued at $5,573,941. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several large investors have recently added to or reduced their stakes in KEYS. Kovitz Investment Group Partners LLC boosted its position in Keysight Technologies by 364.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock valued at $747,301,000 after buying an additional 3,650,953 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock valued at $2,588,546,000 after buying an additional 3,621,349 shares during the period. Norges Bank purchased a new stake in Keysight Technologies in the 4th quarter valued at about $320,707,000. Boston Partners boosted its position in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after buying an additional 704,920 shares during the period. Finally, Madison Investment Advisors LLC purchased a new stake in Keysight Technologies in the 4th quarter valued at about $88,166,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.