Ensign Peak Advisors Inc Sells 4,381 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Ensign Peak Advisors Inc reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,296 shares of the scientific and technical instruments company’s stock after selling 4,381 shares during the quarter. Ensign Peak Advisors Inc’s holdings in Keysight Technologies were worth $15,147,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. raised its holdings in Keysight Technologies by 2.7% in the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company’s stock worth $38,099,000 after purchasing an additional 6,241 shares during the period. Czech National Bank increased its position in shares of Keysight Technologies by 5.8% in the 4th quarter. Czech National Bank now owns 37,628 shares of the scientific and technical instruments company’s stock valued at $6,044,000 after buying an additional 2,073 shares in the last quarter. Wedmont Private Capital raised its stake in Keysight Technologies by 3.8% during the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after buying an additional 88 shares during the period. Community Trust & Investment Co. lifted its holdings in Keysight Technologies by 0.8% during the fourth quarter. Community Trust & Investment Co. now owns 113,818 shares of the scientific and technical instruments company’s stock worth $18,283,000 after acquiring an additional 958 shares in the last quarter. Finally, Park Avenue Securities LLC lifted its holdings in Keysight Technologies by 27.6% during the fourth quarter. Park Avenue Securities LLC now owns 6,654 shares of the scientific and technical instruments company’s stock worth $1,069,000 after acquiring an additional 1,440 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have 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. JPMorgan Chase & Co. dropped their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company upped their price target 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. Finally, Robert W. Baird raised their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $181.33.

Keysight Technologies Price Performance

NYSE KEYS opened at $154.00 on Monday. The firm’s 50 day moving average is $145.42 and its 200-day moving average is $159.16. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $26.61 billion, a PE ratio of 44.00, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by insiders.

Keysight Technologies Company 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.