LMR Partners LLP Lowers Position in Keysight Technologies, Inc. (NYSE:KEYS)

LMR Partners LLP decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 21.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 71,250 shares of the scientific and technical instruments company’s stock after selling 18,969 shares during the period. LMR Partners LLP’s holdings in Keysight Technologies were worth $11,445,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in KEYS. Venturi Wealth Management LLC boosted its holdings in shares of Keysight Technologies by 100.8% during the 4th 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. Quarry LP boosted its stake in Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock worth $70,000 after acquiring an additional 284 shares in the last quarter. Huntington National Bank grew its holdings in Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after purchasing an additional 216 shares during the period. Principal Securities Inc. increased its stake in shares of Keysight Technologies by 45.0% during the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 259 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Keysight Technologies by 45.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company’s stock valued at $155,000 after purchasing an additional 300 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction 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 sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. The trade was a 3.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Up 1.2%

Shares of Keysight Technologies stock opened at $154.00 on Monday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. 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’s 50 day moving average is $145.42 and its 200 day moving average is $159.16. The company has a market cap of $26.61 billion, a price-to-earnings ratio of 44.00, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Wall Street Analyst Weigh In

Several analysts recently weighed in on KEYS shares. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. cut their target price on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Robert W. Baird lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, 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 research report on Wednesday, February 26th. 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $181.33.

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.