Catalyst Funds Management Pty Ltd Purchases Shares of 20,200 Keysight Technologies, Inc. (NYSE:KEYS)

Catalyst Funds Management Pty Ltd acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 20,200 shares of the scientific and technical instruments company's stock, valued at approximately $3,245,000. Keysight Technologies accounts for 0.8% of Catalyst Funds Management Pty Ltd's holdings, making the stock its 27th largest position.

Several other large investors have also recently modified their holdings of KEYS. Swedbank AB increased its holdings in 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 purchasing an additional 292,372 shares during the period. Apollon Wealth Management LLC increased its holdings in Keysight Technologies by 117.5% during the 3rd quarter. Apollon Wealth Management LLC now owns 4,479 shares of the scientific and technical instruments company's stock valued at $712,000 after purchasing an additional 2,420 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in Keysight Technologies by 0.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 430,240 shares of the scientific and technical instruments company's stock valued at $68,378,000 after purchasing an additional 2,898 shares during the period. Victory Capital Management Inc. increased its holdings in 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 purchasing an additional 3,174 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its holdings in Keysight Technologies by 318.8% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company's stock valued at $7,835,000 after purchasing an additional 37,528 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KEYS. Susquehanna reissued a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Morgan Stanley increased their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $184.44.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.61% of the company's stock.

Keysight Technologies Stock Up 1.8 %

Shares of Keysight Technologies stock traded up $2.69 during midday trading on Wednesday, hitting $155.42. The company had a trading volume of 946,777 shares, compared to its average volume of 1,108,341. 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 stock has a market capitalization of $26.86 billion, a P/E ratio of 44.41, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a 50 day moving average of $167.43 and a 200 day moving average of $162.04. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

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.