Axa S.A. Sells 6,928 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Axa S.A. cut its position in Keysight Technologies, Inc. (NYSE:KEYS) by 31.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,067 shares of the scientific and technical instruments company’s stock after selling 6,928 shares during the quarter. Axa S.A.’s holdings in Keysight Technologies were worth $2,420,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC raised its stake in shares of Keysight Technologies by 8.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock valued at $4,448,000 after acquiring an additional 2,260 shares during the last quarter. Geode Capital Management LLC raised its position in Keysight Technologies by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock worth $708,349,000 after purchasing an additional 17,213 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Keysight Technologies by 3.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock worth $8,896,000 after buying an additional 1,755 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after buying an additional 3,857 shares during the last quarter. Finally, Portfolio Design Labs LLC increased its stake in shares of Keysight Technologies by 17.7% in the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock valued at $2,498,000 after buying an additional 2,336 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Robert W. Baird upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. lowered their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Finally, Wells Fargo & Company upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $181.33.

Keysight Technologies Stock Performance

NYSE KEYS opened at $152.21 on Friday. The company has a market cap of $26.30 billion, a P/E ratio of 43.49, a PEG ratio of 2.41 and a beta of 1.10. The company has a fifty day simple moving average of $145.40 and a 200 day simple moving average of $159.09. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was 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 directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

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.