BNP Paribas Sells 64 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

BNP Paribas decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,985 shares of the scientific and technical instruments company’s stock after selling 64 shares during the period. BNP Paribas’ holdings in Keysight Technologies were worth $474,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in KEYS. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies in the 2nd quarter valued at about $27,000. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter worth about $28,000. Family Firm Inc. bought a new stake in Keysight Technologies in the second quarter worth about $30,000. American National Bank & Trust bought a new stake in Keysight Technologies in the third quarter worth about $31,000. Finally, GPS Wealth Strategies Group LLC lifted its stake 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 worth $35,000 after purchasing an additional 184 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several analyst reports. Morgan Stanley raised 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. Barclays raised their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Finally, StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. 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. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $168.60 on Thursday. The firm has a market cap of $29.26 billion, a PE ratio of 48.17, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98. The firm’s 50 day simple moving average is $157.43 and its 200-day simple moving average is $146.65. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Activity at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by corporate insiders.

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.