Janus Henderson Group PLC Has $132.35 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Janus Henderson Group PLC trimmed its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 832,808 shares of the scientific and technical instruments company’s stock after selling 83,568 shares during the quarter. Janus Henderson Group PLC owned approximately 0.48% of Keysight Technologies worth $132,347,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Meeder Asset Management Inc. bought a new stake in Keysight Technologies during the 2nd quarter worth approximately $27,000. Truvestments Capital LLC bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $29,000. Family Firm Inc. bought a new stake in Keysight Technologies during the 2nd quarter worth approximately $30,000. Finally, American National Bank & Trust bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $31,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KEYS. Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Up 0.8 %

Keysight Technologies stock opened at $172.29 on Thursday. 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 12-month low of $119.72 and a 12-month high of $175.39. The firm’s fifty day moving average is $159.57 and its 200 day moving average is $147.38. The company has a market capitalization of $29.90 billion, a PE ratio of 49.23, a PEG ratio of 2.20 and a beta of 1.00.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at approximately $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,651 shares of company stock worth $3,844,690 in the last quarter. Company insiders own 0.60% 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.