Mengis Capital Management Inc. Has $2.57 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Mengis Capital Management Inc. reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 15,992 shares of the scientific and technical instruments company’s stock after selling 100 shares during the period. Mengis Capital Management Inc.’s holdings in Keysight Technologies were worth $2,569,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in KEYS. Swedbank AB boosted its position in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares in the last quarter. International Assets Investment Management LLC boosted its position in Keysight Technologies by 16,555.2% in the third quarter. International Assets Investment Management LLC now owns 69,452 shares of the scientific and technical instruments company’s stock valued at $11,038,000 after buying an additional 69,035 shares in the last quarter. Dakota Wealth Management boosted its position in Keysight Technologies by 10.4% in the third quarter. Dakota Wealth Management now owns 3,253 shares of the scientific and technical instruments company’s stock valued at $517,000 after buying an additional 306 shares in the last quarter. Ballentine Partners LLC acquired a new position in Keysight Technologies in the third quarter valued at about $233,000. Finally, Allworth Financial LP boosted its position in Keysight Technologies by 3.9% in the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after buying an additional 75 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. upgraded shares of 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 research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Bank of America boosted their price target 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 reissued a “positive” rating and set a $185.00 price target 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 nine have issued a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $182.22.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were 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 of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,713 shares of company stock valued at $5,513,815. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Down 1.3 %

Shares of NYSE:KEYS opened at $173.19 on Tuesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. 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 company has a market capitalization of $29.95 billion, a PE ratio of 49.48, a PEG ratio of 2.41 and a beta of 1.02. The company has a 50 day moving average price of $169.82 and a two-hundred day moving average price of $160.60.

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.