Saturna Capital Corp Cuts Position in Keysight Technologies, Inc. (NYSE:KEYS)

Saturna Capital Corp reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 867,765 shares of the scientific and technical instruments company’s stock after selling 2,100 shares during the period. Keysight Technologies makes up about 1.9% of Saturna Capital Corp’s holdings, making the stock its 19th largest position. Saturna Capital Corp owned about 0.50% of Keysight Technologies worth $139,389,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Caprock Group LLC raised its holdings in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after purchasing an additional 66 shares during the last quarter. OLD National Bancorp IN increased its position in shares of Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares in the last quarter. RMR Wealth Builders raised its stake in shares of Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after buying an additional 70 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in shares of Keysight Technologies by 5.1% during the 4th quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company’s stock worth $262,000 after buying an additional 79 shares during the last quarter. Finally, Wedmont Private Capital increased its holdings in Keysight Technologies by 3.8% during the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock valued at $392,000 after acquiring an additional 88 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction 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 $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $149.91 on Wednesday. The business’s 50-day moving average price is $168.84 and its 200 day moving average price is $162.15. 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 twelve month low of $119.72 and a twelve month high of $186.20. The company has a market capitalization of $25.92 billion, a PE ratio of 42.83, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Analyst Ratings Changes

Several analysts have issued reports on KEYS shares. JPMorgan Chase & Co. raised 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 report on Monday, December 16th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Bank of America lifted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

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.