Orion Portfolio Solutions LLC Has $3.22 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Orion Portfolio Solutions LLC lessened its position in Keysight Technologies, Inc. (NYSE:KEYS) by 50.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,233 shares of the scientific and technical instruments company’s stock after selling 20,668 shares during the period. Orion Portfolio Solutions LLC’s holdings in Keysight Technologies were worth $3,216,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of KEYS. Meeder Asset Management Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth about $27,000. Truvestments Capital LLC acquired a new position in Keysight Technologies in the 3rd quarter worth about $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter worth about $29,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth about $30,000. Finally, American National Bank & Trust acquired a new position in Keysight Technologies in the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of analyst reports. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Robert W. Baird upped their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $177.30.

Insider Buying and Selling

In related news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,063 shares of company stock valued at $4,603,201. 0.60% of the stock is owned by company insiders.

Keysight Technologies Stock Down 2.1 %

Shares of Keysight Technologies stock opened at $168.89 on Wednesday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock’s 50-day moving average is $160.60 and its 200 day moving average is $148.01. The firm has a market cap of $29.31 billion, a price-to-earnings ratio of 48.25, a PEG ratio of 2.20 and a beta of 1.00.

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.