TD Asset Management Inc cut its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.8% in the second quarter, Holdings Channel reports. The institutional investor owned 323,646 shares of the scientific and technical instruments company’s stock after selling 16,442 shares during the period. TD Asset Management Inc’s holdings in Keysight Technologies were worth $53,033,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Summit Financial LLC grew its stake in Keysight Technologies by 2.2% in the first quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock valued at $519,000 after purchasing an additional 73 shares in the last quarter. Private Trust Co. NA grew its stake in Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. Principal Securities Inc. lifted its stake in Keysight Technologies by 9.1% in the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock valued at $146,000 after purchasing an additional 76 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its stake in Keysight Technologies by 2.4% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock valued at $579,000 after purchasing an additional 80 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Keysight Technologies by 49.1% in the 2nd quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 81 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.
Keysight Technologies Stock Performance
Shares of NYSE KEYS opened at $165.16 on Thursday. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The stock’s fifty day moving average price is $168.59 and its two-hundred day moving average price is $159.76. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $186.20. The firm has a market cap of $28.38 billion, a price-to-earnings ratio of 52.60, a P/E/G ratio of 2.30 and a beta of 1.18.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 target price on shares of Keysight Technologies in a research note on Friday, October 10th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Barclays cut their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Bank of America increased their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $187.38.
Get Our Latest Report on Keysight Technologies
Insider Buying and Selling
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the sale, the senior vice president directly owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by corporate 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.
Featured Articles
- Five stocks we like better than Keysight Technologies
- How to trade using analyst ratings
- Palantir’s New Healthcare Deal Boosts AI and Data Reach
- 3 Monster Growth Stocks to Buy Now
- GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
- Why Invest in High-Yield Dividend Stocks?
- Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.