Allianz SE bought a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 8,934 shares of the scientific and technical instruments company's stock, valued at approximately $1,440,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its stake in shares of Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after buying an additional 61 shares during the last quarter. Caprock Group LLC lifted its stake in shares of Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after acquiring an additional 66 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Keysight Technologies by 2.8% in the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after purchasing an additional 66 shares during the last quarter. OLD National Bancorp IN increased its position in shares of Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock valued at $340,000 after acquiring an additional 68 shares during the period. Finally, RMR Wealth Builders grew its position in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after buying an additional 70 shares during the last quarter. Institutional investors own 84.58% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on KEYS shares. Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $184.44.
Check Out Our Latest Stock Report on KEYS
Keysight Technologies Trading Down 9.6 %
Shares of Keysight Technologies stock traded down $14.61 on Thursday, hitting $137.10. 417,825 shares of the company traded hands, compared to its average volume of 1,005,769. 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 market cap of $23.69 billion, a PE ratio of 39.17, a PEG ratio of 2.41 and a beta of 1.12. The stock's 50 day moving average price is $164.91 and its 200-day moving average price is $162.41. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.
Insider Activity
In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company's stock.
About Keysight Technologies
(
Free Report)
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.
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