Geneva Capital Management LLC Sells 420 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Geneva Capital Management LLC reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 226,446 shares of the scientific and technical instruments company’s stock after selling 420 shares during the quarter. Geneva Capital Management LLC’s holdings in Keysight Technologies were worth $36,374,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of KEYS. Los Angeles Capital Management LLC boosted its position in shares of Keysight Technologies by 330.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after buying an additional 517,267 shares during the last quarter. Raymond James Financial Inc. bought a new position in Keysight Technologies in the fourth quarter valued at about $58,367,000. Geode Capital Management LLC lifted its holdings in Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares during the period. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its holdings in Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after acquiring an additional 216,564 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on KEYS. Susquehanna reissued a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday. Morgan Stanley increased their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Up 2.3 %

NYSE KEYS opened at $156.56 on Thursday. The stock’s 50-day moving average price is $169.49 and its 200-day moving average price is $161.94. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a market capitalization of $27.07 billion, a P/E ratio of 44.73, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.

Keysight Technologies Company 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.