Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lessened its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,160 shares of the scientific and technical instruments company’s stock after selling 394 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Keysight Technologies were worth $2,610,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in KEYS. Pictet Asset Management SA raised its stake in Keysight Technologies by 7.9% in the 1st quarter. Pictet Asset Management SA now owns 92,771 shares of the scientific and technical instruments company’s stock valued at $14,981,000 after purchasing an additional 6,785 shares during the last quarter. Principal Financial Group Inc. raised its stake in Keysight Technologies by 32.5% in the 4th quarter. Principal Financial Group Inc. now owns 340,072 shares of the scientific and technical instruments company’s stock valued at $58,176,000 after purchasing an additional 83,393 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in Keysight Technologies by 0.9% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 193,369 shares of the scientific and technical instruments company’s stock valued at $31,225,000 after purchasing an additional 1,724 shares during the last quarter. UBS Group AG raised its stake in Keysight Technologies by 69.6% in the 4th quarter. UBS Group AG now owns 491,205 shares of the scientific and technical instruments company’s stock valued at $84,030,000 after purchasing an additional 201,533 shares during the last quarter. Finally, Oversea Chinese Banking CORP Ltd acquired a new position in Keysight Technologies in the 4th quarter valued at about $423,000. Institutional investors and hedge funds own 81.72% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on KEYS shares. Morgan Stanley cut their target price on shares of Keysight Technologies from $180.00 to $165.00 and set an “equal weight” rating for the company in a research note on Friday, August 18th. Citigroup cut their target price on shares of Keysight Technologies from $200.00 to $174.00 and set a “buy” rating for the company in a research note on Friday, August 18th. Wells Fargo & Company dropped their price objective on shares of Keysight Technologies from $200.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, August 18th. Bank of America dropped their price objective on shares of Keysight Technologies from $148.00 to $142.00 in a research note on Friday, August 18th. Finally, VNET Group reaffirmed an “initiates” rating on shares of Keysight Technologies in a research note on Friday, June 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $174.91.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Kailash Narayanan sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, June 13th. The stock was sold at an average price of $165.00, for a total value of $82,500.00. Following the completion of the transaction, the senior vice president now owns 26,169 shares in the company, valued at approximately $4,317,885. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.51% of the stock is owned by company insiders.

Keysight Technologies Stock Up 0.4 %

Shares of NYSE:KEYS opened at $133.88 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.93 and a current ratio of 3.66. Keysight Technologies, Inc. has a 1 year low of $125.89 and a 1 year high of $189.45. The stock has a market capitalization of $23.77 billion, a P/E ratio of 21.25, a PEG ratio of 2.97 and a beta of 1.07. The stock has a 50-day simple moving average of $156.08 and a 200-day simple moving average of $156.82.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.