Bank of Nova Scotia Has $3.72 Million Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Bank of Nova Scotia cut its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 51.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,165 shares of the scientific and technical instruments company’s stock after selling 24,275 shares during the quarter. Bank of Nova Scotia’s holdings in Keysight Technologies were worth $3,721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of KEYS. Venturi Wealth Management LLC grew its position in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Keysight Technologies during the third quarter valued at approximately $120,000. Huntington National Bank lifted its holdings in Keysight Technologies by 37.4% during the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after acquiring an additional 216 shares during the period. Finally, Principal Securities Inc. grew its stake in Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 259 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 0.0 %

KEYS opened at $133.43 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a market cap of $23.06 billion, a PE ratio of 38.12, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. 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 company has a 50 day moving average of $157.85 and a 200 day moving average of $161.16.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted 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. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company’s stock.

About Keysight Technologies

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.