Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Foyston Gordon & Payne Inc

Foyston Gordon & Payne Inc lessened its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,039 shares of the scientific and technical instruments company’s stock after selling 1,725 shares during the quarter. Keysight Technologies accounts for 2.1% of Foyston Gordon & Payne Inc’s investment portfolio, making the stock its 17th biggest position. Foyston Gordon & Payne Inc’s holdings in Keysight Technologies were worth $8,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new position in Keysight Technologies during the 2nd quarter worth approximately $27,000. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies during the third quarter worth $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the third quarter valued at $29,000. Family Firm Inc. acquired a new stake in Keysight Technologies during the 2nd quarter valued at $30,000. Finally, American National Bank & Trust purchased a new stake in Keysight Technologies during the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on KEYS. Bank of America raised their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Robert W. Baird increased their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $177.30.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $172.54 on Tuesday. The firm’s 50 day moving average is $160.32 and its two-hundred day moving average is $147.83. The firm has a market capitalization of $29.94 billion, a P/E ratio of 49.30, a PEG ratio of 2.20 and a beta of 1.00. 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 52 week low of $119.72 and a 52 week high of $175.39.

Insider Buying and Selling

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred 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 in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction on 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 sale, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,063 shares of company stock valued at $4,603,201 in the last three months. 0.60% of the stock is currently owned by corporate 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.