Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Candriam S.C.A.

Candriam S.C.A. reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 32.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,469 shares of the scientific and technical instruments company’s stock after selling 96,935 shares during the period. Candriam S.C.A. owned 0.12% of Keysight Technologies worth $33,004,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of KEYS. Truvestments Capital LLC acquired a new position in Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter valued at $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies in the 3rd quarter valued at $35,000. Groupama Asset Managment raised its holdings in Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 9,437 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its holdings 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 valued at $43,000 after acquiring an additional 133 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KEYS has been the subject of several analyst reports. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Barclays upped their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Finally, Bank of America upped their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, 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 sale 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.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $156.56 on Thursday. The stock has a market cap of $27.07 billion, a P/E ratio of 44.73, a PEG ratio of 2.41 and a beta of 1.02. The firm has a 50-day moving average of $169.49 and a two-hundred day moving average of $161.94. 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 1-year low of $119.72 and a 1-year high of $186.20.

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.