Cynosure Group LLC Sells 11,195 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Cynosure Group LLC reduced its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 81.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,560 shares of the scientific and technical instruments company’s stock after selling 11,195 shares during the quarter. Cynosure Group LLC’s holdings in Keysight Technologies were worth $407,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of KEYS. Boston Partners purchased a new position in Keysight Technologies in the 1st quarter worth approximately $175,979,000. Swedbank AB grew its holdings in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC increased its stake in shares of Keysight Technologies by 59.1% in the third quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after buying an additional 254,985 shares during the period. D. E. Shaw & Co. Inc. raised its holdings in Keysight Technologies by 506.3% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after buying an additional 251,274 shares during the last quarter. Finally, Interval Partners LP bought a new stake in Keysight Technologies in the 2nd quarter worth $29,512,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Morgan Stanley increased their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Wells Fargo & Company restated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $177.30.

Keysight Technologies Stock Down 1.9 %

Shares of Keysight Technologies stock opened at $168.60 on Thursday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a 50-day moving average of $157.43 and a 200 day moving average of $146.65. The firm has a market cap of $29.26 billion, a price-to-earnings ratio of 48.17, a PEG ratio of 2.22 and a beta of 0.98.

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.