Two Sigma Securities LLC Decreases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Two Sigma Securities LLC trimmed its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 69.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,480 shares of the scientific and technical instruments company's stock after selling 5,520 shares during the quarter. Two Sigma Securities LLC's holdings in Keysight Technologies were worth $398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of KEYS. Venturi Wealth Management LLC raised its holdings in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock worth $57,000 after acquiring an additional 158 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Keysight Technologies during the third quarter valued at approximately $120,000. Huntington National Bank increased its position in Keysight Technologies by 37.4% in the fourth 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 in the last quarter. Finally, Principal Securities Inc. boosted its stake 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 worth $134,000 after acquiring an additional 259 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

KEYS traded up $0.21 on Thursday, hitting $145.61. 920,427 shares of the company's stock were exchanged, compared to its average volume of 1,148,021. 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 firm has a 50-day moving average price of $147.20 and a 200-day moving average price of $159.51. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The stock has a market cap of $25.16 billion, a price-to-earnings ratio of 41.60, a P/E/G ratio of 2.41 and a beta of 1.12.

Analyst Upgrades and Downgrades

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

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the business'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 sale, the chief financial officer now directly owns 115,063 shares of the company's stock, 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 Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is currently owned by insiders.

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.