UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 873,282 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 26.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,379,596 shares of the scientific and technical instruments company’s stock after selling 873,282 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Keysight Technologies were worth $378,189,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at approximately $28,000. Family Firm Inc. bought a new stake in shares of Keysight Technologies in the 2nd quarter worth approximately $30,000. American National Bank & Trust bought a new stake in shares of Keysight Technologies in the 3rd quarter worth approximately $31,000. Finally, GPS Wealth Strategies Group LLC boosted its position in shares of Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on KEYS shares. Robert W. Baird boosted their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Morgan Stanley boosted their price target on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, Susquehanna reissued a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $168.61 on Friday. The firm has a market cap of $29.26 billion, a P/E ratio of 48.17, a PEG ratio of 2.16 and a beta of 0.98. 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 company has a 50 day moving average of $157.80 and a 200 day moving average of $146.80. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction on Monday, November 25th. The shares were 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 in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.60% of the company’s stock.

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.