Gulf International Bank UK Ltd Sells 129 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Gulf International Bank UK Ltd trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 0.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 13,945 shares of the scientific and technical instruments company’s stock after selling 129 shares during the period. Gulf International Bank UK Ltd’s holdings in Keysight Technologies were worth $2,239,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of KEYS. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the third quarter valued at $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the third quarter valued at $35,000. Groupama Asset Managment increased 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 holdings 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 valued at $43,000 after purchasing an additional 133 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $159.61 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of $169.91 and a two-hundred day moving average price of $160.93. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a market cap of $27.60 billion, a P/E ratio of 45.60, a PEG ratio of 2.41 and a beta of 1.02.

Analysts Set New Price Targets

A number of research firms recently weighed in on KEYS. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 22nd. Wells Fargo & Company increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Bank of America increased their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insiders Place Their Bets

In other news, SVP John Page sold 3,884 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $658,959.44. Following the completion of the sale, the senior vice president now directly owns 37,081 shares in the company, valued at $6,291,162.46. This trade represents a 9.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,118 shares of company stock worth $5,411,891. Company insiders own 0.61% of the company’s stock.

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.