Cynosure Group LLC Sells 11,195 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Cynosure Group LLC lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 81.4% in the third quarter, HoldingsChannel reports. The firm owned 2,560 shares of the scientific and technical instruments company’s stock after selling 11,195 shares during the period. Cynosure Group LLC’s holdings in Keysight Technologies were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new position in shares of Keysight Technologies in the 3rd quarter worth $85,000. The Manufacturers Life Insurance Company boosted its position in Keysight Technologies by 1.9% in the third quarter. The Manufacturers Life Insurance Company now owns 107,592 shares of the scientific and technical instruments company’s stock worth $17,100,000 after purchasing an additional 2,013 shares during the last quarter. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at about $28,000. Brown Brothers Harriman & Co. lifted its stake in shares of Keysight Technologies by 432.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,460 shares of the scientific and technical instruments company’s stock worth $232,000 after purchasing an additional 1,186 shares during the period. Finally, Daiwa Securities Group Inc. grew its position in Keysight Technologies by 21.1% during the third quarter. Daiwa Securities Group Inc. now owns 25,478 shares of the scientific and technical instruments company’s stock valued at $4,049,000 after buying an additional 4,432 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.9 %

Shares of NYSE:KEYS opened at $168.60 on Thursday. The company has a market cap of $29.26 billion, a price-to-earnings ratio of 48.17, a PEG ratio of 2.22 and a beta of 0.98. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. 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 company has a 50-day moving average price of $157.43 and a 200 day moving average price of $146.65.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Bank of America raised their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Robert W. Baird lifted their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $177.30.

Insider Activity

In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies 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.