Nuveen Asset Management LLC Sells 127,500 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Nuveen Asset Management LLC lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 10.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,147,577 shares of the scientific and technical instruments company's stock after selling 127,500 shares during the quarter. Nuveen Asset Management LLC owned about 0.66% of Keysight Technologies worth $184,335,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of KEYS. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 100.8% in 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 during the last quarter. Quarry LP boosted its holdings in Keysight Technologies by 188.1% during the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after acquiring an additional 284 shares during the last quarter. Huntington National Bank grew its stake in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after acquiring an additional 216 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of Keysight Technologies by 45.0% in the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after purchasing an additional 259 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its position in shares of Keysight Technologies by 45.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company's stock valued at $155,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Morgan Stanley increased their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Finally, Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.

Keysight Technologies Price Performance

NYSE KEYS traded down $2.64 on Monday, hitting $162.76. The stock had a trading volume of 1,042,392 shares, compared to its average volume of 1,147,557. The firm has a 50-day moving average of $146.46 and a 200-day moving average of $159.54. 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, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a market capitalization of $28.13 billion, a price-to-earnings ratio of 46.50, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

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.