Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,424 shares of the scientific and technical instruments company’s stock after selling 280 shares during the period. Sumitomo Life Insurance Co.’s holdings in Keysight Technologies were worth $1,674,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. RMR Wealth Builders raised its position in shares of Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after buying an additional 70 shares during the last quarter. Cromwell Holdings LLC raised its holdings in Keysight Technologies by 15.9% in 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 lifted its stake in shares of Keysight Technologies by 3.9% during the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after purchasing an additional 75 shares during the period. Wedmont Private Capital boosted its holdings in shares of Keysight Technologies by 3.8% during the fourth quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after purchasing an additional 88 shares during the last quarter. Finally, Brookstone Capital Management grew its position in shares of Keysight Technologies by 3.4% in the third quarter. Brookstone Capital Management now owns 2,935 shares of the scientific and technical instruments company’s stock valued at $466,000 after purchasing an additional 97 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Morgan Stanley increased their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. 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 note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $170.00 to $200.00 in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Trading Up 0.2 %

NYSE:KEYS opened at $168.33 on Thursday. The business’s 50-day moving average is $166.84 and its two-hundred day moving average is $154.99. The firm has a market capitalization of $29.15 billion, a PE ratio of 48.09, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Activity at Keysight Technologies

In other news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is currently owned by company 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.