Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 32.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,851 shares of the scientific and technical instruments company’s stock after selling 4,204 shares during the quarter. Metis Global Partners LLC’s holdings in Keysight Technologies were worth $1,422,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. SVB Wealth LLC acquired a new position in shares of Keysight Technologies in the 4th quarter worth approximately $1,105,000. Dynasty Wealth Management LLC grew its stake in shares of Keysight Technologies by 10.6% in the 4th quarter. Dynasty Wealth Management LLC now owns 8,646 shares of the scientific and technical instruments company’s stock worth $1,389,000 after purchasing an additional 832 shares during the last quarter. Peloton Wealth Strategists grew its stake in shares of Keysight Technologies by 7.2% in the 4th quarter. Peloton Wealth Strategists now owns 5,195 shares of the scientific and technical instruments company’s stock worth $834,000 after purchasing an additional 350 shares during the last quarter. Hahn Capital Management LLC grew its stake in shares of Keysight Technologies by 40.7% in the 4th quarter. Hahn Capital Management LLC now owns 60,551 shares of the scientific and technical instruments company’s stock worth $9,726,000 after purchasing an additional 17,521 shares during the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of Keysight Technologies by 8.8% in the 4th quarter. QRG Capital Management Inc. now owns 20,479 shares of the scientific and technical instruments company’s stock worth $3,290,000 after purchasing an additional 1,661 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS stock opened at $155.85 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a market cap of $26.95 billion, a P/E ratio of 44.53, a P/E/G ratio of 2.41 and a beta of 1.02. The firm has a 50 day simple moving average of $169.84 and a 200 day simple moving average of $161.65. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

Wall Street Analyst Weigh In

KEYS has been the topic of several analyst reports. Bank of America lifted 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. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, StockNews.com raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred 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 directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% 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.