Bank of Montreal Can Sells 6,722 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Bank of Montreal Can lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,508 shares of the scientific and technical instruments company’s stock after selling 6,722 shares during the period. Bank of Montreal Can owned 0.12% of Keysight Technologies worth $34,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Swedbank AB increased its position in Keysight Technologies by 3.8% in the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock worth $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Natixis Advisors LLC increased its position in Keysight Technologies by 8.7% in the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. boosted its stake in Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after buying an additional 17,962 shares during the period. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in Keysight Technologies by 172.6% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after buying an additional 26,577 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.9 %

NYSE KEYS opened at $168.61 on Friday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a market cap of $29.26 billion, a P/E ratio of 48.17, a P/E/G ratio of 2.22 and a beta of 0.98. The business has a fifty day moving average price of $157.80 and a 200 day moving average price of $146.80. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Wall Street Analysts Forecast Growth

Several research firms have commented on KEYS. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. JPMorgan Chase & Co. boosted their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Robert W. Baird boosted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Bank of America boosted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Insiders Place Their Bets

In other news, VP Lisa M. Poole sold 350 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.

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.