Gilliland Jeter Wealth Management LLC Reduces Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Gilliland Jeter Wealth Management LLC lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,364 shares of the scientific and technical instruments company’s stock after selling 466 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in Keysight Technologies were worth $1,022,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. raised its holdings in Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after purchasing an additional 3,857 shares in the last quarter. Stratos Wealth Partners LTD. raised its holdings in Keysight Technologies by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 6,181 shares of the scientific and technical instruments company’s stock worth $993,000 after purchasing an additional 202 shares in the last quarter. E. Ohman J or Asset Management AB raised its holdings in Keysight Technologies by 17.1% in the 4th quarter. E. Ohman J or Asset Management AB now owns 8,200 shares of the scientific and technical instruments company’s stock worth $1,317,000 after purchasing an additional 1,200 shares in the last quarter. Willis Investment Counsel raised its holdings in Keysight Technologies by 2.9% in the 4th quarter. Willis Investment Counsel now owns 75,611 shares of the scientific and technical instruments company’s stock worth $12,145,000 after purchasing an additional 2,125 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in Keysight Technologies by 4.6% in the 4th quarter. CENTRAL TRUST Co now owns 2,908 shares of the scientific and technical instruments company’s stock worth $467,000 after purchasing an additional 129 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Up 0.1 %

KEYS stock opened at $177.66 on Friday. The company’s 50-day simple moving average is $167.55 and its 200-day simple moving average is $156.25. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $180.26. The firm has a market cap of $30.72 billion, a P/E ratio of 50.76, a PEG ratio of 2.26 and a beta of 1.02.

Wall Street Analyst Weigh In

KEYS has been the subject of several research reports. Barclays increased their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies 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.