Camelot Technology Advisors Inc. lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 9.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,739 shares of the scientific and technical instruments company’s stock after selling 191 shares during the quarter. Camelot Technology Advisors Inc.’s holdings in Keysight Technologies were worth $279,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies in the third quarter valued at about $29,000. American National Bank & Trust acquired a new position in shares of Keysight Technologies during the third quarter worth about $31,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies during the third quarter worth about $35,000. Finally, Versant Capital Management Inc raised its position in Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Bank of America upped their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $180.80.
Keysight Technologies Price Performance
Shares of KEYS opened at $165.70 on Tuesday. The firm has a market capitalization of $28.69 billion, a PE ratio of 47.34, a PEG ratio of 2.10 and a beta of 1.02. 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’s 50-day moving average is $164.76 and its 200-day moving average is $153.52. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39.
Insiders Place Their Bets
In related news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred 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 sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Kailash Narayanan sold 595 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the transaction, the senior vice president now owns 35,912 shares in the company, valued at $6,151,725.60. The trade was a 1.63 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 over the last three months. 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.
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