National Bank of Canada FI Trims Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

National Bank of Canada FI trimmed its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 25.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 82,036 shares of the scientific and technical instruments company’s stock after selling 28,383 shares during the quarter. National Bank of Canada FI’s holdings in Keysight Technologies were worth $13,178,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in KEYS. Groupama Asset Managment boosted its holdings in Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the third quarter valued at $35,000. Venturi Wealth Management LLC grew its position in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 133 shares in the last quarter. Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after acquiring an additional 158 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $120,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on KEYS shares. Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average target price of $184.44.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $126.76 on Friday. The firm has a fifty day simple moving average of $163.25 and a two-hundred day simple moving average of $162.07. The company has a quick ratio of 2.27, a current ratio of 2.98 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 $21.91 billion, a PE ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12.

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.