Prudential Financial Inc. Sells 14,817 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Prudential Financial Inc. reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 13.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 94,332 shares of the scientific and technical instruments company’s stock after selling 14,817 shares during the quarter. Prudential Financial Inc.’s holdings in Keysight Technologies were worth $15,153,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock worth $3,352,932,000 after purchasing an additional 55,223 shares during the period. State Street Corp raised its position in Keysight Technologies by 2.5% in 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 acquiring an additional 194,294 shares during the period. Geode Capital Management LLC boosted its stake in Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares during the last quarter. Boston Partners grew its position in shares of Keysight Technologies by 21.7% during the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after acquiring an additional 704,920 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Keysight Technologies by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock worth $163,148,000 after purchasing an additional 28,754 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

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

Keysight Technologies Stock Down 0.7 %

KEYS stock opened at $155.38 on Friday. The stock has a 50-day simple moving average of $166.38 and a two-hundred day simple moving average of $162.24. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market capitalization of $26.85 billion, a PE ratio of 44.39, a PEG ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction on Monday, December 30th. The stock was 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 owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

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.