Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Blue Trust Inc.

Blue Trust Inc. lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 41.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,038 shares of the scientific and technical instruments company’s stock after selling 723 shares during the quarter. Blue Trust Inc.’s holdings in Keysight Technologies were worth $167,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in KEYS. Caprock Group LLC increased its stake in shares of 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 worth $502,000 after buying an additional 66 shares during the period. OLD National Bancorp IN grew its position in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after acquiring an additional 68 shares during the last quarter. RMR Wealth Builders grew its position in shares of Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after acquiring an additional 70 shares during the last quarter. Cromwell Holdings LLC lifted its holdings in shares of Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after purchasing an additional 75 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Keysight Technologies by 3.9% during the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after purchasing an additional 75 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on KEYS shares. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday, February 14th. Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $184.96 on Friday. The stock’s 50 day moving average price is $169.60 and its 200 day moving average price is $159.35. The firm has a market capitalization of $31.98 billion, a PE ratio of 52.85, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s 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 transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock valued at $5,573,941. Corporate 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.