Hartford Investment Management Co. Lowers Position in Keysight Technologies, Inc. (NYSE:KEYS)

Hartford Investment Management Co. trimmed its position in Keysight Technologies, Inc. (NYSE:KEYS) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,731 shares of the scientific and technical instruments company’s stock after selling 269 shares during the period. Hartford Investment Management Co.’s holdings in Keysight Technologies were worth $1,724,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in KEYS. Geode Capital Management LLC boosted its holdings 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 valued at $697,411,000 after buying an additional 323,235 shares in the last quarter. Swedbank AB boosted its stake in Keysight Technologies by 7.1% during 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 acquiring an additional 292,372 shares in the last quarter. Fort Pitt Capital Group LLC grew its holdings in 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 purchasing an additional 254,985 shares during the period. Kovitz Investment Group Partners LLC increased its stake in shares of Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Keysight Technologies by 2.5% during the third 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 purchasing an additional 194,294 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Up 0.9 %

Shares of Keysight Technologies stock opened at $179.42 on Friday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $180.26. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $167.95 and its 200 day moving average is $157.46. The company has a market cap of $31.02 billion, a price-to-earnings ratio of 51.26, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02.

Analysts Set New Price Targets

KEYS has been the topic of several recent research reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, Robert W. Baird upped their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock valued at $5,573,941 in the last ninety days. 0.61% of the stock is currently owned by company insiders.

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.