Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 33,800 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 44.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,815 shares of the scientific and technical instruments company’s stock after selling 33,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Keysight Technologies were worth $6,877,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in KEYS. Valliance Asset Management Ltd purchased a new stake in Keysight Technologies in the fourth quarter valued at about $1,606,000. Fisher Funds Management LTD purchased a new stake in Keysight Technologies in the fourth quarter valued at about $4,284,000. First Horizon Advisors Inc. raised its stake in Keysight Technologies by 11.1% in the fourth quarter. First Horizon Advisors Inc. now owns 1,997 shares of the scientific and technical instruments company’s stock valued at $321,000 after buying an additional 199 shares during the last quarter. Paradigm Asset Management Co. LLC purchased a new stake in Keysight Technologies in the fourth quarter valued at about $883,000. Finally, Concurrent Investment Advisors LLC raised its stake in Keysight Technologies by 3.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 8,440 shares of the scientific and technical instruments company’s stock valued at $1,356,000 after buying an additional 304 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.3 %

Shares of KEYS stock opened at $173.19 on Tuesday. The stock has a 50 day moving average of $169.82 and a 200 day moving average of $160.60. 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 stock has a market cap of $29.95 billion, a P/E ratio of 49.48, a P/E/G ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

Analyst Ratings Changes

A number of equities research analysts have commented on KEYS shares. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Bank of America raised their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley raised their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $182.22.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value 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 trade represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,713 shares of company stock worth $5,513,815. 0.61% of the stock is owned by corporate 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.