Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Everence Capital Management Inc.

Everence Capital Management Inc. decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 33.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 4,371 shares of the scientific and technical instruments company’s stock after selling 2,240 shares during the quarter. Everence Capital Management Inc.’s holdings in Keysight Technologies were worth $702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the third quarter valued at $29,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the third quarter valued at about $31,000. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies during the second quarter worth about $27,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the third quarter worth about $35,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on KEYS shares. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Price Performance

KEYS stock opened at $163.80 on Friday. The firm has a 50 day moving average of $163.13 and a 200-day moving average of $151.21. The company has a market cap of $28.37 billion, a price-to-earnings ratio of 46.80, a PEG ratio of 2.12 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 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 Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’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 completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % 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 valued at $5,573,941. Insiders own 0.60% of the company’s stock.

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.