Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 31.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,694 shares of the scientific and technical instruments company’s stock after selling 792 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Keysight Technologies were worth $272,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Los Angeles Capital Management LLC boosted its stake in shares of Keysight Technologies by 330.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after buying an additional 517,267 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Keysight Technologies in the fourth quarter valued at approximately $58,367,000. Geode Capital Management LLC boosted its stake in shares of Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after buying an additional 323,235 shares in the last quarter. Swedbank AB boosted its stake in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after buying an additional 216,564 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of a number of analyst reports. Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Performance

NYSE KEYS opened at $149.91 on Wednesday. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The stock has a market cap of $25.92 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a fifty day moving average of $168.84 and a 200-day moving average of $162.15. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction 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 sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.61% of the company’s stock.

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.