Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 23.3% in the third quarter, HoldingsChannel reports. The firm owned 3,099 shares of the scientific and technical instruments company’s stock after selling 942 shares during the quarter. Raymond James Trust N.A.’s holdings in Keysight Technologies were worth $493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Swedbank AB increased its stake 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 valued at $702,671,000 after purchasing an additional 292,372 shares during the period. Van ECK Associates Corp raised its stake in Keysight Technologies by 6.1% during the 2nd quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock valued at $188,540,000 after acquiring an additional 79,774 shares in the last quarter. Boston Partners acquired a new position in Keysight Technologies during the 1st quarter worth $175,979,000. Dimensional Fund Advisors LP grew its stake in shares of Keysight Technologies by 14.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after purchasing an additional 141,062 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its holdings in shares of Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after purchasing an additional 10,579 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

NYSE KEYS opened at $171.90 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $175.39. The stock’s 50-day moving average price is $157.00 and its two-hundred day moving average price is $146.49. The company has a market cap of $29.83 billion, a PE ratio of 49.11, a PEG ratio of 2.27 and a beta of 0.98. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

KEYS has been the subject of several research analyst reports. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Bank of America increased their price objective 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. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Robert W. Baird increased their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. boosted their price objective on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. One equities 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’s stock. Based on data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $177.30.

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.