Choreo LLC Reduces Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Choreo LLC cut its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,210 shares of the scientific and technical instruments company’s stock after selling 703 shares during the quarter. Choreo LLC’s holdings in Keysight Technologies were worth $1,481,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Czech National Bank grew its position in shares of Keysight Technologies by 6.9% in the 3rd quarter. Czech National Bank now owns 35,555 shares of the scientific and technical instruments company’s stock worth $5,651,000 after acquiring an additional 2,292 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Keysight Technologies by 88.4% in the 3rd quarter. GAMMA Investing LLC now owns 987 shares of the scientific and technical instruments company’s stock worth $157,000 after acquiring an additional 463 shares in the last quarter. Brookstone Capital Management grew its position 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 worth $466,000 after acquiring an additional 97 shares in the last quarter. Reinhart Partners LLC. acquired a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $8,309,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its position in shares of Keysight Technologies by 33.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 24,748 shares of the scientific and technical instruments company’s stock worth $3,931,000 after acquiring an additional 6,200 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s 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 completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is owned by company insiders.

Keysight Technologies Trading Down 1.8 %

Shares of KEYS stock opened at $174.43 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $180.26. The stock has a fifty day moving average of $167.55 and a two-hundred day moving average of $156.25. The firm has a market capitalization of $30.16 billion, a PE ratio of 49.84, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird boosted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Barclays boosted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.