National Bank of Canada FI Sells 28,383 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

National Bank of Canada FI trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 25.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,036 shares of the scientific and technical instruments company’s stock after selling 28,383 shares during the period. National Bank of Canada FI’s holdings in Keysight Technologies were worth $13,178,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Keysight Technologies by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after buying an additional 55,223 shares during the last quarter. State Street Corp boosted its stake in Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares during the last quarter. Geode Capital Management LLC increased its holdings in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares in the last quarter. Boston Partners raised its stake in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after purchasing an additional 704,920 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $320,707,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on KEYS shares. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Down 6.6 %

KEYS opened at $126.76 on Friday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company’s 50-day moving average price is $163.25 and its two-hundred day moving average price is $162.07. The stock has a market cap of $21.91 billion, a price-to-earnings ratio of 36.22, a PEG ratio of 2.41 and a beta of 1.12. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies 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 completion of the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

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.