Advisors Asset Management Inc. Reduces Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Advisors Asset Management Inc. lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 9.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,437 shares of the scientific and technical instruments company’s stock after selling 1,456 shares during the quarter. Advisors Asset Management Inc.’s holdings in Keysight Technologies were worth $2,136,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of KEYS. Meeder Asset Management Inc. acquired a new position in Keysight Technologies in the second quarter valued at about $27,000. Family Firm Inc. acquired a new position in Keysight Technologies in the second quarter valued at about $30,000. American National Bank & Trust acquired a new position in Keysight Technologies in the third quarter valued at about $31,000. GPS Wealth Strategies Group LLC lifted its position in Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 184 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Keysight Technologies by 842.4% in the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 278 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Down 0.1 %

Shares of NYSE:KEYS opened at $170.28 on Monday. The firm’s 50 day moving average price is $156.56 and its 200 day moving average price is $146.35. The stock has a market cap of $29.55 billion, a price-to-earnings ratio of 48.65, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $171.05. The company has a quick ratio of 1.52, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KEYS. Barclays increased their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Finally, Bank of America increased their price target 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $177.30.

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.