Laird Norton Wetherby Wealth Management LLC Trims Position in Keysight Technologies, Inc. (NYSE:KEYS)

Laird Norton Wetherby Wealth Management LLC cut its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,295 shares of the scientific and technical instruments company’s stock after selling 417 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Keysight Technologies were worth $1,172,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Venturi Wealth Management LLC grew its stake in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares during the period. Quarry LP grew its stake in Keysight Technologies by 188.1% in the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock worth $70,000 after purchasing an additional 284 shares during the period. Huntington National Bank grew its stake in Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after purchasing an additional 216 shares during the period. Principal Securities Inc. boosted its holdings in Keysight Technologies by 45.0% in the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock worth $134,000 after acquiring an additional 259 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in Keysight Technologies by 45.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company’s stock worth $155,000 after acquiring an additional 300 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 1.4%

Shares of NYSE:KEYS opened at $164.95 on Wednesday. The company has a market cap of $28.51 billion, a P/E ratio of 47.13, a PEG ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The stock’s fifty day moving average price is $145.75 and its 200-day moving average price is $159.24.

Analyst Upgrades and Downgrades

KEYS has been the topic of several analyst reports. JPMorgan Chase & Co. dropped their target price on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Robert W. Baird boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Morgan Stanley boosted their target price on Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, 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 report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $181.33.

Insider Activity

In other Keysight Technologies 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 value of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

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.