Tiemann Investment Advisors LLC Sells 150 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Tiemann Investment Advisors LLC cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 6.5% during the 4th quarter, Holdings Channel reports. The fund owned 2,172 shares of the scientific and technical instruments company’s stock after selling 150 shares during the period. Tiemann Investment Advisors LLC’s holdings in Keysight Technologies were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Caprock Group LLC raised its position in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after purchasing an additional 66 shares during the period. OLD National Bancorp IN increased its position in shares of Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 68 shares during the last quarter. RMR Wealth Builders increased its position in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares during the last quarter. Wedmont Private Capital raised its holdings in Keysight Technologies by 3.8% during the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock valued at $392,000 after buying an additional 88 shares during the period. Finally, Argonautica Private Wealth Management Inc. lifted its position in Keysight Technologies by 1.1% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock worth $1,307,000 after buying an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Bank of America boosted their price objective 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. StockNews.com upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, March 3rd. Susquehanna reissued a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Stock Up 1.0 %

Shares of NYSE KEYS opened at $156.09 on Monday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The firm has a market capitalization of $26.99 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 2.41 and a beta of 1.10. The stock has a 50 day moving average price of $169.00 and a 200 day moving average price of $162.16. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’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 transaction, the senior vice president now 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.61% 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.