Everence Capital Management Inc. Decreases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Everence Capital Management Inc. cut its position in Keysight Technologies, Inc. (NYSE:KEYS) by 33.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,371 shares of the scientific and technical instruments company’s stock after selling 2,240 shares during the period. Everence Capital Management Inc.’s holdings in Keysight Technologies were worth $702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Natixis Advisors LLC boosted its stake in Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares in the last quarter. Speece Thorson Capital Group Inc. increased its holdings in shares of Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock valued at $12,814,000 after purchasing an additional 17,962 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after buying an additional 10,579 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in shares of Keysight Technologies by 318.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock worth $7,835,000 after acquiring an additional 37,528 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated 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 owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on KEYS shares. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird raised their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 27th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Trading Up 1.8 %

KEYS opened at $163.80 on Friday. The business has a fifty day moving average price of $163.13 and a 200 day moving average price of $151.21. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The stock has a market capitalization of $28.37 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 2.12 and a beta of 1.02.

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.