Bank of Montreal Can decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 3.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 216,508 shares of the scientific and technical instruments company’s stock after selling 6,722 shares during the period. Bank of Montreal Can’s holdings in Keysight Technologies were worth $34,360,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in KEYS. Boston Partners acquired a new position in shares of Keysight Technologies in the first quarter valued at approximately $175,979,000. Swedbank AB increased its holdings 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 purchasing an additional 292,372 shares during the period. Fort Pitt Capital Group LLC increased its holdings in shares of Keysight Technologies by 59.1% in the third quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after purchasing an additional 254,985 shares during the period. D. E. Shaw & Co. Inc. increased its holdings in shares of Keysight Technologies by 506.3% in the second quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after purchasing an additional 251,274 shares during the period. Finally, Interval Partners LP acquired a new position in shares of Keysight Technologies in the second quarter valued at approximately $29,512,000. Institutional investors and hedge funds own 84.58% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on KEYS. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Susquehanna restated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. 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 research note on Wednesday, November 20th. Finally, 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. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $177.30.
Keysight Technologies Stock Down 1.9 %
KEYS opened at $168.61 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock has a market cap of $29.26 billion, a P/E ratio of 48.17, a P/E/G ratio of 2.22 and a beta of 0.98. The stock’s 50 day moving average price is $157.80 and its 200 day moving average price is $146.80.
Insider Buying and Selling at Keysight Technologies
In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.
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.
Featured Articles
- Five stocks we like better than Keysight Technologies
- How to Plot Fibonacci Price Inflection Levels
- Eli Lilly, Pfizer, and AstraZeneca: 2025 Vaccine Makers to Watch
- What is the NASDAQ Stock Exchange?
- DICK’S Sporting Goods: The Under-the-Radar Buy-and-Hold Winner
- Why Invest in High-Yield Dividend Stocks?
- 2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.