Aviva PLC Lowers Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Aviva PLC lessened its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 1.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 159,125 shares of the scientific and technical instruments company’s stock after selling 3,119 shares during the quarter. Aviva PLC’s holdings in Keysight Technologies were worth $25,560,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in KEYS. Dynamic Technology Lab Private Ltd bought a new position in shares of Keysight Technologies during the fourth quarter valued at $805,000. Hel Ved Capital Management Ltd purchased a new stake in Keysight Technologies during the 4th quarter valued at about $18,786,000. Resona Asset Management Co. Ltd. bought a new stake in Keysight Technologies during the 4th quarter valued at about $8,432,000. Wells Fargo & Company MN raised its holdings in Keysight Technologies by 35.7% in the fourth quarter. Wells Fargo & Company MN now owns 834,438 shares of the scientific and technical instruments company’s stock worth $134,036,000 after buying an additional 219,729 shares during the last quarter. Finally, Thoroughbred Financial Services LLC lifted its stake in shares of Keysight Technologies by 6.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 2,195 shares of the scientific and technical instruments company’s stock worth $352,000 after buying an additional 136 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

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

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $126.76 on Monday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $21.91 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The firm’s 50 day moving average price is $163.25 and its 200-day moving average price is $162.23. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

Analysts Set New Price Targets

A number of brokerages recently weighed in on KEYS. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One equities 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

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.