Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 8.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,338 shares of the scientific and technical instruments company’s stock after selling 205 shares during the period. Integrated Wealth Concepts LLC’s holdings in Keysight Technologies were worth $372,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Swedbank AB boosted its position in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC grew its stake in Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after purchasing an additional 254,985 shares in the last quarter. D. E. Shaw & Co. Inc. raised its position in shares of Keysight Technologies by 506.3% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after purchasing an additional 251,274 shares in the last quarter. Interval Partners LP bought a new position in shares of Keysight Technologies during the second quarter worth about $29,512,000. Finally, Point72 Asset Management L.P. increased its position in Keysight Technologies by 22.8% in the second quarter. Point72 Asset Management L.P. now owns 999,581 shares of the scientific and technical instruments company’s stock worth $136,693,000 after buying an additional 185,635 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on KEYS. Robert W. Baird lifted their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Morgan Stanley boosted their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Trading Down 0.7 %

Shares of Keysight Technologies stock opened at $167.79 on Thursday. The business’s 50 day moving average is $160.84 and its 200-day moving average is $148.15. The stock has a market cap of $29.12 billion, a P/E ratio of 47.94, a P/E/G ratio of 2.20 and a beta of 1.00. 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 12-month low of $119.72 and a 12-month high of $175.39.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,063 shares of company stock valued at $4,603,201 over the last ninety days. 0.60% of the stock is currently owned by company insiders.

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.