Swedbank AB Lowers Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Swedbank AB lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,383,610 shares of the scientific and technical instruments company’s stock after selling 37,654 shares during the period. Keysight Technologies accounts for about 0.9% of Swedbank AB’s holdings, making the stock its 23rd biggest position. Swedbank AB owned 2.53% of Keysight Technologies worth $704,139,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of KEYS. Public Sector Pension Investment Board boosted its position in shares of Keysight Technologies by 56.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 6,679 shares of the scientific and technical instruments company’s stock valued at $913,000 after acquiring an additional 2,410 shares during the last quarter. NewEdge Advisors LLC grew its position in Keysight Technologies by 16.9% in the second quarter. NewEdge Advisors LLC now owns 8,882 shares of the scientific and technical instruments company’s stock worth $1,215,000 after acquiring an additional 1,284 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Keysight Technologies by 31.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,287 shares of the scientific and technical instruments company’s stock valued at $313,000 after acquiring an additional 548 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Keysight Technologies during the second quarter valued at about $2,342,000. Finally, IMPACTfolio LLC bought a new stake in Keysight Technologies during the third quarter worth about $204,000. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In other news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The transaction was disclosed in a 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 dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $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. Insiders sold 33,063 shares of company stock valued at $5,573,941 over the last quarter. 0.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on KEYS shares. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. 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. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Trading Up 0.6 %

KEYS traded up $1.07 during midday trading on Wednesday, reaching $168.99. 85,297 shares of the company’s stock traded hands, compared to its average volume of 754,618. The stock has a market capitalization of $29.26 billion, a price-to-earnings ratio of 48.40, a P/E/G ratio of 2.18 and a beta of 1.02. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The firm has a fifty day moving average of $166.79 and a two-hundred day moving average of $154.89. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

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.