Janney Montgomery Scott LLC Has $2.39 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Janney Montgomery Scott LLC lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 11.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,897 shares of the scientific and technical instruments company’s stock after selling 1,998 shares during the period. Janney Montgomery Scott LLC’s holdings in Keysight Technologies were worth $2,393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in KEYS. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the third quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter valued at $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $35,000. Groupama Asset Managment grew its holdings in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 9,437 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new position in shares of Keysight Technologies in the third quarter worth $57,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several recent analyst reports. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Trading Up 4.5 %

KEYS opened at $178.19 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $180.26. The company’s 50 day moving average price is $167.01 and its two-hundred day moving average price is $155.36. The firm has a market capitalization of $30.81 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 2.13 and a beta of 1.02.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,063 shares of company stock worth $5,573,941. Company insiders own 0.60% of the company’s stock.

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.