17,858 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Avanza Fonder AB

Avanza Fonder AB purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,858 shares of the scientific and technical instruments company's stock, valued at approximately $2,869,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Natixis Advisors LLC lifted its position in shares of Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock worth $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock valued at $2,685,000 after buying an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. grew its stake in shares of Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock valued at $12,814,000 after acquiring an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. increased its position 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 worth $171,830,000 after acquiring an additional 10,579 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its stake in shares of Keysight Technologies by 318.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company's stock worth $7,835,000 after acquiring an additional 37,528 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a research note on Wednesday, November 20th. 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 research note on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, January 9th. Finally, Barclays increased their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $180.80.

Insiders Place Their Bets

In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock valued at $5,573,941 over the last three months. Company insiders own 0.60% of the company's stock.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded up $0.62 on Friday, reaching $165.70. 692,970 shares of the company were exchanged, compared to its average volume of 866,774. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The firm has a market cap of $28.69 billion, a price-to-earnings ratio of 47.34, a P/E/G ratio of 2.05 and a beta of 1.02. 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 company's 50-day moving average is $164.72 and its two-hundred day moving average is $153.06.

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.