B. Metzler seel. Sohn & Co. AG Sells 7,735 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 37.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,863 shares of the scientific and technical instruments company’s stock after selling 7,735 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Keysight Technologies were worth $2,066,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in KEYS. PNC Financial Services Group Inc. lifted its holdings in Keysight Technologies by 3.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock worth $8,896,000 after purchasing an additional 1,755 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in Keysight Technologies by 8.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock worth $4,448,000 after acquiring an additional 2,260 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after acquiring an additional 3,857 shares during the period. Portfolio Design Labs LLC grew its position in shares of Keysight Technologies by 17.7% in the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock valued at $2,498,000 after purchasing an additional 2,336 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of research reports. JPMorgan Chase & Co. raised shares of 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 research report on Monday, December 16th. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insiders Place Their Bets

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Up 1.1 %

KEYS stock opened at $151.76 on Thursday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a market cap of $26.23 billion, a P/E ratio of 43.36, a PEG ratio of 2.41 and a beta of 1.12. The business has a fifty day moving average of $164.91 and a 200-day moving average of $162.41.

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.