The Manufacturers Life Insurance Company Decreases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

The Manufacturers Life Insurance Company lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 105,434 shares of the scientific and technical instruments company's stock after selling 2,158 shares during the period. The Manufacturers Life Insurance Company owned about 0.06% of Keysight Technologies worth $16,936,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in KEYS. EverSource Wealth Advisors LLC grew its holdings in shares of Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after purchasing an additional 61 shares during the period. Caprock Group LLC grew its position in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after purchasing an additional 66 shares during the last quarter. Signaturefd LLC boosted its stake in Keysight Technologies by 2.8% in the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN lifted its holdings in shares of Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock valued at $340,000 after acquiring an additional 68 shares in the last quarter. Finally, RMR Wealth Builders boosted its stake in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after buying an additional 70 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Keysight Technologies Stock Down 0.4 %

Shares of NYSE:KEYS traded down $0.54 during midday trading on Tuesday, hitting $146.75. 563,617 shares of the company's stock traded hands, compared to its average volume of 1,148,942. The firm's fifty day moving average price is $145.68 and its two-hundred day moving average price is $159.20. 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 company has a market cap of $25.36 billion, a PE ratio of 41.93, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business'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 sale, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

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

About Keysight Technologies

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.