Community Trust & Investment Co. Grows Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Community Trust & Investment Co. lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 113,818 shares of the scientific and technical instruments company’s stock after acquiring an additional 958 shares during the quarter. Keysight Technologies accounts for 1.1% of Community Trust & Investment Co.’s holdings, making the stock its 27th biggest position. Community Trust & Investment Co. owned approximately 0.07% of Keysight Technologies worth $18,283,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RMR Wealth Builders raised its position in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after purchasing an additional 70 shares during the last quarter. Cromwell Holdings LLC raised its stake in Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after purchasing an additional 75 shares during the period. Allworth Financial LP lifted its holdings in Keysight Technologies by 3.9% in the third 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 during the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Keysight Technologies by 0.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock valued at $2,826,000 after purchasing an additional 82 shares during the last quarter. Finally, Wedmont Private Capital boosted its stake in 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 buying an additional 88 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 company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock worth $5,573,941 over the last three months. Insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 1.9 %

Keysight Technologies stock opened at $164.22 on Wednesday. The stock’s fifty day moving average is $164.64 and its two-hundred day moving average is $152.67. The stock has a market cap of $28.44 billion, a PE ratio of 46.92, a P/E/G ratio of 2.12 and a beta of 1.02. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year 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.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Barclays raised their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Morgan Stanley raised their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, 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. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

About Keysight Technologies

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.