Corient Private Wealth LLC Has $20.49 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Corient Private Wealth LLC reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 127,536 shares of the scientific and technical instruments company’s stock after selling 8,410 shares during the quarter. Corient Private Wealth LLC owned about 0.07% of Keysight Technologies worth $20,486,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at approximately $35,000. Groupama Asset Managment grew its position in shares of Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC grew its position in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Trading Down 1.1 %

Shares of Keysight Technologies stock opened at $152.60 on Wednesday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The business’s 50 day moving average is $167.43 and its 200-day moving average is $162.04. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market cap of $26.37 billion, a P/E ratio of 43.60, a P/E/G ratio of 2.41 and a beta of 1.10.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now 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 is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

KEYS has been the subject of several research analyst reports. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 11th. Bank of America boosted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley boosted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

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.