Keysight Technologies (NYSE:KEYS) Stock Rating Lowered by 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 report released on Thursday.

Several other research analysts have also recently weighed in on KEYS. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays boosted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Bank of America upped 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. Robert W. Baird lifted their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $161.30 on Thursday. The company has a market cap of $27.93 billion, a P/E ratio of 46.09, a P/E/G ratio of 2.12 and a beta of 1.02. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The company’s 50-day moving average price is $164.11 and its 200-day moving average price is $151.91. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insiders Place Their Bets

In other news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock worth $5,573,941 over the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of institutional investors have recently bought and sold shares of the business. Meeder Asset Management Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at $27,000. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies during the third quarter worth about $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $29,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $31,000. Finally, Goodman Advisory Group LLC purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $35,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.