Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Community Trust & Investment Co.

Community Trust & Investment Co. boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,818 shares of the scientific and technical instruments company’s stock after buying an additional 958 shares during the period. Keysight Technologies makes up about 1.1% of Community Trust & Investment Co.’s holdings, making the stock its 27th biggest position. Community Trust & Investment Co.’s holdings in Keysight Technologies were worth $18,283,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in KEYS. Acadian Asset Management LLC purchased a new stake in shares of Keysight Technologies during the 2nd quarter worth $758,000. DekaBank Deutsche Girozentrale grew its position in Keysight Technologies by 3.8% during the second quarter. DekaBank Deutsche Girozentrale now owns 89,442 shares of the scientific and technical instruments company’s stock worth $12,027,000 after buying an additional 3,249 shares during the period. Thoroughbred Financial Services LLC grew its position in Keysight Technologies by 95.3% during the second quarter. Thoroughbred Financial Services LLC now owns 2,959 shares of the scientific and technical instruments company’s stock worth $404,000 after buying an additional 1,444 shares during the period. William Blair Investment Management LLC purchased a new position in Keysight Technologies in the second quarter valued at about $800,000. Finally, Oppenheimer Asset Management Inc. boosted its stake in shares of Keysight Technologies by 11.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,771 shares of the scientific and technical instruments company’s stock worth $1,610,000 after acquiring an additional 1,172 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity

In other news, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,063 shares of company stock valued at $5,573,941. 0.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KEYS shares. Morgan Stanley lifted their price objective on 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 target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Price Performance

KEYS opened at $164.22 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a 50-day moving average of $164.64 and a 200-day moving average of $152.67. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a market capitalization of $28.44 billion, a P/E ratio of 46.92, a PEG ratio of 2.12 and a beta of 1.02.

Keysight Technologies Company Profile

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.