Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Groupama Asset Managment

Groupama Asset Managment trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 15.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 18,330 shares of the scientific and technical instruments company’s stock after selling 3,423 shares during the period. Groupama Asset Managment’s holdings in Keysight Technologies were worth $2,954,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC grew its position in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the last quarter. Versant Capital Management Inc raised its stake in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after acquiring an additional 158 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in Keysight Technologies in the third quarter worth about $120,000. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.61% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on KEYS shares. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Price Performance

Shares of KEYS opened at $149.93 on Wednesday. The firm has a market capitalization of $25.91 billion, a price-to-earnings ratio of 42.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The stock’s fifty day moving average is $165.33 and its 200-day moving average is $162.48. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.