Stratos Wealth Advisors LLC Decreases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Stratos Wealth Advisors LLC decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 24.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,803 shares of the scientific and technical instruments company’s stock after selling 905 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Keysight Technologies were worth $450,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Caprock Group LLC raised its position in 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 worth $502,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN raised its position in Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after buying an additional 68 shares during the last quarter. RMR Wealth Builders increased its position in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares during the last quarter. Cromwell Holdings LLC increased its position in shares of Keysight Technologies by 15.9% during the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after purchasing an additional 75 shares during the last quarter. Finally, Allworth Financial LP increased its position in shares of Keysight Technologies by 3.9% during the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on KEYS shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Bank of America upped their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Robert W. Baird upped their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Morgan Stanley increased their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of the 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 completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 in the last three months. 0.61% of the stock is owned by company insiders.

Keysight Technologies Trading Down 1.8 %

KEYS stock opened at $174.43 on Friday. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $180.26. 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 company has a market capitalization of $30.16 billion, a price-to-earnings ratio of 49.84, a PEG ratio of 2.26 and a beta of 1.02. The business has a 50 day simple moving average of $167.55 and a two-hundred day simple moving average of $156.25.

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.