Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 87.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,214 shares of the scientific and technical instruments company’s stock after selling 43,289 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Keysight Technologies were worth $988,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Prospera Private Wealth LLC acquired a new position in Keysight Technologies during the 3rd quarter valued at about $57,000. Thompson Davis & CO. Inc. acquired a new position in Keysight Technologies during the 3rd quarter valued at about $207,000. West Family Investments Inc. acquired a new position in Keysight Technologies during the 3rd quarter valued at about $304,000. PNC Financial Services Group Inc. boosted its stake in Keysight Technologies by 0.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock valued at $8,522,000 after purchasing an additional 187 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Keysight Technologies during the 3rd quarter valued at about $3,274,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of the business’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 transaction of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.60% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird upped 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. Susquehanna reaffirmed a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, Morgan Stanley upped their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Stock Down 1.9 %

KEYS stock opened at $168.60 on Thursday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39. The company’s 50 day simple moving average is $157.43 and its 200-day simple moving average is $146.65. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market capitalization of $29.26 billion, a P/E ratio of 49.11, a P/E/G ratio of 2.22 and a beta of 0.98.

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.