Brooklyn FI LLC Takes Position in Keysight Technologies, Inc. (NYSE:KEYS)

Brooklyn FI LLC purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,608 shares of the scientific and technical instruments company's stock, valued at approximately $3,322,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB grew its position in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Victory Capital Management Inc. grew its position in shares of Keysight Technologies by 2.3% during the 3rd quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company's stock valued at $22,372,000 after acquiring an additional 3,174 shares during the period. Empowered Funds LLC grew its position in shares of Keysight Technologies by 12.1% during the 3rd quarter. Empowered Funds LLC now owns 8,222 shares of the scientific and technical instruments company's stock valued at $1,307,000 after acquiring an additional 885 shares during the period. Natixis Advisors LLC grew its position in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock valued at $28,125,000 after acquiring an additional 14,185 shares during the period. Finally, Swiss National Bank grew its position in shares of Keysight Technologies by 0.3% during the 3rd quarter. Swiss National Bank now owns 518,000 shares of the scientific and technical instruments company's stock valued at $82,326,000 after acquiring an additional 1,300 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

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Keysight Technologies Price Performance

KEYS traded down $0.48 during trading on Friday, reaching $154.65. The company's stock had a trading volume of 1,243,928 shares, compared to its average volume of 1,107,449. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $166.92 and a two-hundred day simple moving average of $162.05. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a market cap of $26.72 billion, a price-to-earnings ratio of 44.18, 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 firm's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.61% of the company's stock.

Analyst Ratings Changes

KEYS has been the topic of a number of analyst reports. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price 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.