Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Prudential PLC

Prudential PLC cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 27.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,948 shares of the scientific and technical instruments company’s stock after selling 25,250 shares during the quarter. Prudential PLC’s holdings in Keysight Technologies were worth $10,914,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KEYS. EverSource Wealth Advisors LLC grew its stake in shares of Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after purchasing an additional 61 shares during the period. Caprock Group LLC boosted its holdings in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after buying an additional 66 shares in the last quarter. Signaturefd LLC grew its position in Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 66 shares during the period. OLD National Bancorp IN increased its holdings in Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares in the last quarter. Finally, RMR Wealth Builders increased its holdings in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after buying an additional 70 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $126.76 on Friday. The stock has a market capitalization of $21.91 billion, a P/E ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. 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’s 50-day moving average is $163.25 and its two-hundred day moving average is $162.07.

Analyst Ratings Changes

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

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.