Weybosset Research & Management LLC Reduces Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Weybosset Research & Management LLC reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 105,144 shares of the scientific and technical instruments company’s stock after selling 545 shares during the quarter. Keysight Technologies makes up about 5.7% of Weybosset Research & Management LLC’s portfolio, making the stock its 5th biggest holding. Weybosset Research & Management LLC owned 0.06% of Keysight Technologies worth $16,889,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cromwell Holdings LLC boosted 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 worth $87,000 after acquiring an additional 75 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Keysight Technologies by 3.9% in 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 in the last quarter. Ameritas Investment Partners Inc. grew its stake in shares of Keysight Technologies by 0.4% during the second quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock worth $2,826,000 after buying an additional 82 shares during the last quarter. Brookstone Capital Management lifted its stake in shares of Keysight Technologies by 3.4% in the 3rd quarter. Brookstone Capital Management now owns 2,935 shares of the scientific and technical instruments company’s stock valued at $466,000 after acquiring an additional 97 shares during the last quarter. Finally, First Horizon Advisors Inc. grew its position in Keysight Technologies by 6.8% during the 3rd quarter. First Horizon Advisors Inc. now owns 1,798 shares of the scientific and technical instruments company’s stock worth $286,000 after acquiring an additional 114 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS stock traded down $2.73 on Friday, hitting $162.16. The company had a trading volume of 98,316 shares, compared to its average volume of 626,980. The stock’s 50-day simple moving average is $164.11 and its 200 day simple moving average is $151.91. The stock has a market cap of $28.08 billion, a price-to-earnings ratio of 46.33, a P/E/G ratio of 2.12 and a beta of 1.02. 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, Inc. has a 12-month low of $119.72 and a 12-month high of $175.39.

Insider Activity

In other news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock valued at $5,573,941 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of research analyst reports. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday. Morgan Stanley upped 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. Robert W. Baird lifted their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $180.80.

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.