AssuredPartners Investment Advisors LLC Takes $1.96 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

AssuredPartners Investment Advisors LLC bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,196 shares of the scientific and technical instruments company's stock, valued at approximately $1,959,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cerity Partners LLC grew its stake in Keysight Technologies by 12.9% in the third quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company's stock valued at $1,588,000 after purchasing an additional 1,140 shares during the last quarter. Algert Global LLC purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $727,000. Larson Financial Group LLC raised its stake in shares of Keysight Technologies by 31.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,853 shares of the scientific and technical instruments company's stock worth $294,000 after acquiring an additional 446 shares in the last quarter. Daiwa Securities Group Inc. lifted 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 acquiring an additional 4,432 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in Keysight Technologies by 432.8% in the third quarter. Brown Brothers Harriman & Co. now owns 1,460 shares of the scientific and technical instruments company's stock valued at $232,000 after acquiring an additional 1,186 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

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Keysight Technologies Stock Performance

NYSE KEYS traded down $3.32 during mid-day trading on Monday, reaching $147.01. 402,660 shares of the stock were exchanged, compared to its average volume of 1,008,068. The company has a market capitalization of $25.40 billion, a P/E ratio of 42.00, a P/E/G ratio of 2.41 and a beta of 1.10. 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 business's 50 day moving average is $166.07 and its 200-day moving average is $162.48. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Analyst Ratings Changes

A number of analysts have recently weighed in on KEYS shares. Wells Fargo & Company raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $184.44.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the company's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.61% 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.