Freedom Investment Management Inc. Decreases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Freedom Investment Management Inc. reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 62.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,723 shares of the scientific and technical instruments company’s stock after selling 2,895 shares during the period. Freedom Investment Management Inc.’s holdings in Keysight Technologies were worth $274,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of KEYS. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter valued at $28,000. American National Bank & Trust bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at about $31,000. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter valued at about $27,000. Family Firm Inc. purchased a new position in shares of Keysight Technologies during the second quarter valued at about $30,000. Finally, GPS Wealth Strategies Group LLC raised its stake in Keysight Technologies by 262.9% in the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 184 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Robert W. Baird upped their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Bank of America upped their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Finally, Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $177.30.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by insiders.

Keysight Technologies Stock Up 1.3 %

Shares of Keysight Technologies stock opened at $170.84 on Monday. The company has a 50-day simple moving average of $158.44 and a two-hundred day simple moving average of $147.07. The stock has a market capitalization of $29.65 billion, a PE ratio of 48.81, a price-to-earnings-growth ratio of 2.19 and a beta of 0.98. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.