Meiji Yasuda Asset Management Co Ltd. Sells 166 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Meiji Yasuda Asset Management Co Ltd. cut its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,826 shares of the scientific and technical instruments company’s stock after selling 166 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in Keysight Technologies were worth $4,630,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of KEYS. Boston Partners boosted its holdings in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after acquiring an additional 704,920 shares during the period. Madison Investment Advisors LLC bought a new position in Keysight Technologies in the 4th quarter worth about $88,166,000. Los Angeles Capital Management LLC grew its holdings in Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after buying an additional 517,267 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its position in shares of Keysight Technologies by 282.4% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock valued at $100,586,000 after buying an additional 462,403 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Keysight Technologies in the fourth quarter worth about $58,367,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Trading Down 0.3 %

Shares of KEYS opened at $158.31 on Wednesday. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The firm has a market cap of $27.36 billion, a price-to-earnings ratio of 45.23, a PEG ratio of 2.41 and a beta of 1.10. The firm has a 50 day moving average price of $166.75 and a 200-day moving average price of $162.33. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of the firm’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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Wells Fargo & Company lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target 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.