Leeward Investments LLC MA Decreases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Leeward Investments LLC MA trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 87,468 shares of the scientific and technical instruments company’s stock after selling 2,542 shares during the quarter. Leeward Investments LLC MA owned about 0.05% of Keysight Technologies worth $14,050,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Valliance Asset Management Ltd purchased a new position in shares of Keysight Technologies in the fourth quarter worth about $1,606,000. Fisher Funds Management LTD purchased a new position in shares of Keysight Technologies in the fourth quarter worth about $4,284,000. First Horizon Advisors Inc. raised its stake in shares of Keysight Technologies by 11.1% in the fourth quarter. First Horizon Advisors Inc. now owns 1,997 shares of the scientific and technical instruments company’s stock worth $321,000 after purchasing an additional 199 shares during the last quarter. Paradigm Asset Management Co. LLC purchased a new position in shares of Keysight Technologies in the fourth quarter worth about $883,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Keysight Technologies by 3.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 8,440 shares of the scientific and technical instruments company’s stock worth $1,356,000 after purchasing an additional 304 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 5.2 %

Shares of KEYS opened at $175.33 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock’s 50 day moving average is $169.77 and its two-hundred day moving average is $159.97. The firm has a market cap of $30.32 billion, a P/E ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02.

Analyst Ratings Changes

Several brokerages have recently issued reports on KEYS. Barclays raised their price objective on 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 lifted their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird lifted their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $182.22.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,063 shares of company stock valued at $5,573,941. Company insiders own 0.61% of the company’s stock.

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.