AlphaQuest LLC Sells 8,511 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

AlphaQuest LLC cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 86.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,349 shares of the scientific and technical instruments company’s stock after selling 8,511 shares during the quarter. AlphaQuest LLC’s holdings in Keysight Technologies were worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in KEYS. Truvestments Capital LLC bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $35,000. Groupama Asset Managment grew its holdings in Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Up 2.7 %

Keysight Technologies stock opened at $152.11 on Monday. 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 $186.20. The firm’s fifty day moving average is $167.92 and its 200 day moving average is $162.04. The company has a market capitalization of $26.29 billion, a PE ratio of 43.46, a PEG ratio of 2.41 and a beta of 1.10.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of research reports. Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Bank of America boosted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 11th. Finally, Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $184.44.

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.