Kentucky Retirement Systems Sells 165 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Kentucky Retirement Systems trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 11,994 shares of the scientific and technical instruments company’s stock after selling 165 shares during the period. Kentucky Retirement Systems’ holdings in Keysight Technologies were worth $1,927,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Caprock Group LLC grew its position in shares of Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after acquiring an additional 66 shares during the period. OLD National Bancorp IN grew its holdings in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 68 shares during the period. RMR Wealth Builders increased its position in 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 worth $417,000 after buying an additional 70 shares during the last quarter. Allworth Financial LP raised its stake in shares of 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 buying an additional 75 shares during the period. Finally, Cromwell Holdings LLC raised its stake in shares of Keysight Technologies by 15.9% in the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after buying an additional 75 shares during the period. 84.58% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on KEYS. Susquehanna reissued a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. 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 research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $182.22.

Keysight Technologies Price Performance

KEYS stock opened at $175.33 on Friday. The firm has a 50 day moving average of $169.77 and a 200-day moving average of $159.97. 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, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm has a market capitalization of $30.32 billion, a P/E ratio of 50.10, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction that occurred 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 sale, 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 document filed with the SEC, which is available through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is owned by company insiders.

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.