Intech Investment Management LLC Sells 6,109 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Intech Investment Management LLC lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 29.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,429 shares of the scientific and technical instruments company’s stock after selling 6,109 shares during the period. Intech Investment Management LLC’s holdings in Keysight Technologies were worth $2,293,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of KEYS. Swedbank AB bought a new stake in shares of Keysight Technologies during the first quarter worth about $621,993,000. Boston Partners acquired a new stake in Keysight Technologies during the 1st quarter worth approximately $175,979,000. Fort Pitt Capital Group LLC grew its holdings in Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after acquiring an additional 254,985 shares during the last quarter. D. E. Shaw & Co. Inc. increased its position in Keysight Technologies by 506.3% in the 2nd 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 acquiring an additional 251,274 shares during the period. Finally, Interval Partners LP bought a new position in shares of Keysight Technologies during the second quarter valued at $29,512,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on KEYS. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reissued a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Barclays upped their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Bank of America boosted 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 investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $170.28 on Monday. The firm has a market capitalization of $29.55 billion, a P/E ratio of 48.65, a P/E/G ratio of 2.27 and a beta of 0.98. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $171.05. The company has a fifty day moving average of $156.56 and a 200-day moving average of $146.35. The company has a quick ratio of 1.52, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.