BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Has $4.63 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 12.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,118 shares of the scientific and technical instruments company’s stock after selling 4,313 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Keysight Technologies were worth $4,628,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. acquired a new position in Keysight Technologies during the second quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter valued at approximately $28,000. Family Firm Inc. bought a new position in shares of Keysight Technologies in the second quarter valued at $30,000. American National Bank & Trust acquired a new position in Keysight Technologies during the third quarter worth $31,000. Finally, GPS Wealth Strategies Group LLC grew its position in shares of Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 184 shares during the period. 84.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Susquehanna reiterated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Bank of America boosted their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $171.60 on Tuesday. 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 company’s 50 day moving average price is $158.84 and its two-hundred day moving average price is $147.11. The firm has a market cap of $29.78 billion, a PE ratio of 49.03, a PEG ratio of 2.19 and a beta of 0.98.

Insider Buying and Selling

In other news, SVP Kailash Narayanan sold 595 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This represents a 1.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value of $60,126.50. Following the completion of the transaction, the vice president now owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. 0.60% 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.