Martingale Asset Management L P Has $930,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Martingale Asset Management L P reduced its position in Keysight Technologies, Inc. (NYSE:KEYS) by 12.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 5,854 shares of the scientific and technical instruments company’s stock after selling 797 shares during the quarter. Martingale Asset Management L P’s holdings in Keysight Technologies were worth $930,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ferguson Wellman Capital Management Inc. boosted its holdings in Keysight Technologies by 0.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock worth $1,737,000 after purchasing an additional 73 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of Keysight Technologies by 2.8% during the 2nd quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after acquiring an additional 74 shares in the last quarter. Cromwell Holdings LLC increased its holdings in shares of Keysight Technologies by 15.9% during the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after acquiring an additional 75 shares during the last quarter. Allworth Financial LP raised its stake in shares of Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after acquiring an additional 75 shares in the last quarter. Finally, Diversified LLC lifted its holdings in Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock worth $309,000 after purchasing an additional 78 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred 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 sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kailash Narayanan sold 595 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the transaction, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Bank of America lifted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Barclays raised their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $171.60 on Tuesday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The company has a market capitalization of $29.78 billion, a P/E ratio of 49.03, a P/E/G ratio of 2.19 and a beta of 0.98. The stock has a 50 day moving average of $158.84 and a two-hundred day moving average of $147.11. The company has a current ratio of 2.98, a quick ratio of 2.27 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.