Hantz Financial Services Inc. Trims Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Hantz Financial Services Inc. lessened its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 15.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,706 shares of the scientific and technical instruments company’s stock after selling 684 shares during the quarter. Hantz Financial Services Inc.’s holdings in Keysight Technologies were worth $595,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of KEYS. Truvestments Capital LLC purchased a new stake in Keysight Technologies in the third quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies during the 3rd quarter valued at approximately $29,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at $31,000. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the third quarter worth $35,000. Finally, Groupama Asset Managment raised its holdings in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 9,437 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KEYS has been the topic of several recent research reports. Barclays upped their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley boosted their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $180.80.

Insider Activity at Keysight Technologies

In other news, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the transaction, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.60% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

KEYS opened at $178.19 on Friday. The firm’s fifty day simple moving average is $167.01 and its two-hundred day simple moving average is $155.32. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $180.26. The company has a market cap of $30.81 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 2.13 and a beta of 1.02. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.