Thrivent Financial for Lutherans Cuts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Thrivent Financial for Lutherans trimmed its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 8.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,841 shares of the scientific and technical instruments company’s stock after selling 3,459 shares during the period. Thrivent Financial for Lutherans’ holdings in Keysight Technologies were worth $6,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in KEYS. Natixis Advisors LLC lifted its holdings in Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Empowered Funds LLC lifted its holdings in shares of Keysight Technologies by 12.1% in the third quarter. Empowered Funds LLC now owns 8,222 shares of the scientific and technical instruments company’s stock worth $1,307,000 after buying an additional 885 shares in the last quarter. Empirical Finance LLC boosted its position in shares of Keysight Technologies by 2.0% during the third quarter. Empirical Finance LLC now owns 5,950 shares of the scientific and technical instruments company’s stock worth $946,000 after acquiring an additional 119 shares during the last quarter. CIBC Asset Management Inc grew its stake in Keysight Technologies by 16.3% during the third quarter. CIBC Asset Management Inc now owns 128,156 shares of the scientific and technical instruments company’s stock valued at $20,323,000 after acquiring an additional 17,945 shares in the last quarter. Finally, ING Groep NV increased its holdings in Keysight Technologies by 478.3% in the 3rd quarter. ING Groep NV now owns 135,843 shares of the scientific and technical instruments company’s stock valued at $21,590,000 after acquiring an additional 112,354 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday. StockNews.com cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Price Performance

KEYS stock opened at $170.28 on Friday. The company has a current ratio of 2.98, a quick ratio of 1.52 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 $171.05. The stock has a market cap of $29.55 billion, a PE ratio of 48.65, a P/E/G ratio of 2.27 and a beta of 0.98. The company has a 50-day moving average price of $156.56 and a 200 day moving average price of $146.41.

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.