Trust Investment Advisors Cuts Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Trust Investment Advisors cut its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,294 shares of the scientific and technical instruments company’s stock after selling 110 shares during the period. Trust Investment Advisors’ holdings in Keysight Technologies were worth $690,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth about $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter worth about $29,000. Goodman Advisory Group LLC purchased a new position in Keysight Technologies during the third quarter worth approximately $35,000. Groupama Asset Managment grew its holdings in Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC increased its position in shares of 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 valued at $43,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Robert W. Baird raised their price target 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. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Insider Activity at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % 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. 0.61% of the stock is owned by insiders.

Keysight Technologies Trading Down 0.3 %

Shares of Keysight Technologies stock opened at $158.31 on Wednesday. The stock has a 50 day moving average of $166.75 and a 200 day moving average of $162.33. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market capitalization of $27.36 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.

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.