Gulf International Bank UK Ltd Sells 129 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Gulf International Bank UK Ltd decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,945 shares of the scientific and technical instruments company’s stock after selling 129 shares during the quarter. Gulf International Bank UK Ltd’s holdings in Keysight Technologies were worth $2,239,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. State Street Corp lifted its position in Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after acquiring an additional 194,294 shares in the last quarter. Swedbank AB lifted 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 worth $702,671,000 after buying an additional 292,372 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after buying an additional 216,564 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Keysight Technologies by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company’s stock worth $156,851,000 after buying an additional 26,421 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Bank of America lifted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Barclays lifted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Robert W. Baird lifted 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. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Trading Up 0.9 %

NYSE:KEYS opened at $159.61 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a market capitalization of $27.60 billion, a PE ratio of 45.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $169.91 and its 200 day moving average is $160.93.

Insider Activity at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John Page sold 3,884 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $658,959.44. Following the completion of the transaction, the senior vice president now owns 37,081 shares of the company’s stock, valued at $6,291,162.46. This represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,118 shares of company stock worth $5,411,891. Corporate insiders own 0.61% 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.