Danske Bank A S cut its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 2.0% during the 4th quarter, Holdings Channel reports. The firm owned 76,493 shares of the scientific and technical instruments company’s stock after selling 1,557 shares during the quarter. Danske Bank A S’s holdings in Keysight Technologies were worth $15,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC increased its stake in shares of Keysight Technologies by 1.0% during the 4th quarter. Park Avenue Securities LLC now owns 6,332 shares of the scientific and technical instruments company’s stock worth $1,287,000 after purchasing an additional 60 shares during the last quarter. Norden Group LLC increased its stake in shares of Keysight Technologies by 5.4% during the 4th quarter. Norden Group LLC now owns 1,236 shares of the scientific and technical instruments company’s stock worth $251,000 after purchasing an additional 63 shares during the last quarter. Prospera Financial Services Inc increased its stake in shares of Keysight Technologies by 3.7% during the 3rd quarter. Prospera Financial Services Inc now owns 1,889 shares of the scientific and technical instruments company’s stock worth $330,000 after purchasing an additional 67 shares during the last quarter. NorthCrest Asset Manangement LLC increased its stake in shares of Keysight Technologies by 2.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 3,634 shares of the scientific and technical instruments company’s stock worth $759,000 after purchasing an additional 70 shares during the last quarter. Finally, Advisors Capital Management LLC increased its stake in shares of Keysight Technologies by 3.5% during the 3rd quarter. Advisors Capital Management LLC now owns 2,077 shares of the scientific and technical instruments company’s stock worth $363,000 after purchasing an additional 71 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Keysight Technologies Stock Down 0.1%
Shares of KEYS opened at $352.13 on Monday. Keysight Technologies Inc. has a 52 week low of $145.51 and a 52 week high of $353.52. The firm has a market cap of $60.39 billion, a P/E ratio of 63.45, a price-to-earnings-growth ratio of 2.57 and a beta of 1.26. The firm’s 50-day simple moving average is $303.06 and its 200 day simple moving average is $237.02. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.02 and a current ratio of 2.60.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on KEYS shares. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $227.00 to $268.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 24th. The Goldman Sachs Group boosted their price objective on shares of Keysight Technologies from $322.00 to $384.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Citigroup boosted their price objective on shares of Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, March 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $300.00 to $360.00 and gave the stock an “overweight” rating in a research note on Thursday, April 16th. Finally, Barclays upped their price target on shares of Keysight Technologies from $232.00 to $320.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $314.33.
Get Our Latest Report on Keysight Technologies
Insiders Place Their Bets
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 1,667 shares of the business’s stock in a transaction dated Tuesday, March 24th. The shares were sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the sale, the chief executive officer owned 122,398 shares of the company’s stock, valued at $36,719,400. The trade was a 1.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Ronald S. Nersesian sold 30,000 shares of the business’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares of the company’s stock, valued at $46,719,286.92. This represents a 15.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 40,334 shares of company stock worth $11,533,230 in the last 90 days. Corporate insiders own 0.40% of the company’s stock.
About Keysight Technologies
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett?Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
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