Vontobel Holding Ltd. Decreases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Vontobel Holding Ltd. reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,013,424 shares of the scientific and technical instruments company’s stock after selling 67,745 shares during the period. Vontobel Holding Ltd. owned approximately 0.59% of Keysight Technologies worth $162,786,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in KEYS. Natixis Advisors LLC increased its holdings in Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after buying an additional 14,185 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. increased its stake in shares of Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares during the period. LMR Partners LLP acquired a new position in Keysight Technologies during the third quarter valued at $14,339,000. Finally, Oppenheimer Asset Management Inc. lifted its position in Keysight Technologies by 318.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company’s stock valued at $7,835,000 after purchasing an additional 37,528 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value 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 approximately $5,267,113.04. This 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 90 days. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, Susquehanna reiterated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $179.42 on Friday. 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 firm has a fifty day moving average of $167.95 and a 200 day moving average of $157.46. The firm has a market cap of $31.02 billion, a PE ratio of 51.26, a PEG ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $180.26.

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.