Trust Investment Advisors Cuts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Trust Investment Advisors trimmed its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,294 shares of the scientific and technical instruments company’s stock after selling 110 shares during the period. Trust Investment Advisors’ holdings in Keysight Technologies were worth $690,000 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. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new position in Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the 3rd quarter worth $35,000. Groupama Asset Managment lifted its stake in Keysight Technologies by 76.6% in 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, Venturi Wealth Management LLC boosted its holdings in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

KEYS has been the subject of several research analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Trading Down 0.3 %

Shares of KEYS opened at $158.31 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market capitalization of $27.36 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 2.41 and a beta of 1.10. The company has a 50-day moving average of $166.75 and a 200 day moving average of $162.33. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

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.