Schechter Investment Advisors LLC Has $523,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Schechter Investment Advisors LLC lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 15.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,254 shares of the scientific and technical instruments company’s stock after selling 582 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Keysight Technologies were worth $523,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Caprock Group LLC grew its stake in shares of Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares in the last quarter. OLD National Bancorp IN lifted its stake in Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after acquiring an additional 68 shares during the last quarter. RMR Wealth Builders grew its position in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after acquiring an additional 70 shares in the last quarter. Wedmont Private Capital increased its stake in shares of 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 purchasing an additional 88 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. raised its holdings in shares of Keysight Technologies by 1.1% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock valued at $1,307,000 after purchasing an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the subject of a number of recent research reports. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Wells Fargo & Company increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays increased their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 1.6 %

Shares of Keysight Technologies stock opened at $153.33 on Wednesday. The company has a market cap of $26.51 billion, a price-to-earnings ratio of 43.81, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company’s fifty day simple moving average is $169.70 and its 200-day simple moving average is $161.81. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

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.