Ethic Inc. Reduces Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Ethic Inc. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 27.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,885 shares of the scientific and technical instruments company's stock after selling 4,084 shares during the period. Ethic Inc.'s holdings in Keysight Technologies were worth $1,748,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of KEYS. Venturi Wealth Management LLC raised its position 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 worth $43,000 after acquiring an additional 133 shares in the last quarter. Quarry LP raised its holdings in Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after purchasing an additional 284 shares in the last quarter. Huntington National Bank lifted its position in shares of Keysight Technologies by 37.4% during the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after buying an additional 216 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after buying an additional 259 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of Keysight Technologies by 45.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company's stock valued at $155,000 after buying an additional 300 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on KEYS. Robert W. Baird boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. decreased their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Finally, StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.33.

Keysight Technologies Trading Up 5.5%

NYSE:KEYS opened at $162.61 on Tuesday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The stock's 50 day simple moving average is $145.54 and its 200-day simple moving average is $159.20. The firm has a market cap of $28.10 billion, a P/E ratio of 46.46, a PEG ratio of 2.41 and a beta of 1.10.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at $17,834,765. This trade represents a 3.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is currently owned by 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.

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