Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 44.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 42,815 shares of the scientific and technical instruments company’s stock after selling 33,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Keysight Technologies were worth $6,877,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. State Street Corp lifted its position in Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after buying an additional 194,294 shares in the last quarter. Swedbank AB lifted its position in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares in the last quarter. Geode Capital Management LLC lifted its position in Keysight Technologies by 7.9% during the third 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 buying an additional 323,235 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after buying an additional 216,564 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in Keysight Technologies by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company’s stock worth $156,851,000 after buying an additional 26,421 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

KEYS opened at $173.19 on Tuesday. The stock’s 50-day moving average price is $169.82 and its 200 day moving average price is $160.60. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. 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 firm has a market cap of $29.95 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 2.41 and a beta of 1.02.

Insider Buying and Selling

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the sale, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the sale, the senior vice president now owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,713 shares of company stock valued at $5,513,815. Corporate insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of a number of research analyst reports. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Susquehanna restated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Bank of America lifted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $182.22.

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.