Keysight Technologies (NYSE:KEYS) Rating Lowered to “Hold” at StockNews.com

Keysight Technologies (NYSE:KEYS) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

Other equities analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Bank of America lifted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Barclays upped their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned 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 $180.80.

Keysight Technologies Stock Up 2.3 %

Shares of NYSE:KEYS opened at $183.40 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market cap of $31.71 billion, a price-to-earnings ratio of 52.40, a PEG ratio of 2.25 and a beta of 1.02. The stock’s 50-day moving average price is $168.38 and its two-hundred day moving average price is $158.09. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $184.35.

Insider Activity

In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated 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 transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred 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 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 three months, insiders sold 33,063 shares of company stock worth $5,573,941. 0.61% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its stake in shares of Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock valued at $314,000 after purchasing an additional 61 shares in the last quarter. Caprock Group LLC raised its stake in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares in the last quarter. Signaturefd LLC lifted its holdings in Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN grew its position in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after acquiring an additional 68 shares in the last quarter. Finally, RMR Wealth Builders increased its holdings in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after acquiring an additional 70 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

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.