Pacer Advisors Inc. Lowers Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Pacer Advisors Inc. lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 5.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 14,715 shares of the scientific and technical instruments company’s stock after selling 790 shares during the period. Pacer Advisors Inc.’s holdings in Keysight Technologies were worth $2,364,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of KEYS. State Street Corp lifted its position in Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after buying an additional 194,294 shares during the last quarter. Swedbank AB lifted its holdings in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares during the period. Vontobel Holding Ltd. increased its holdings in Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after purchasing an additional 10,579 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC raised its position in Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock worth $5,573,941 over the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Trading Up 4.5 %

Shares of NYSE:KEYS opened at $178.19 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $167.01 and its two-hundred day moving average is $155.32. The company has a market cap of $30.81 billion, a PE ratio of 50.91, a P/E/G ratio of 2.13 and a beta of 1.02. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $180.26.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of research reports. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Bank of America lifted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird increased their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Company 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.