Chesapeake Capital Corp IL purchased a new stake 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 purchased 4,796 shares of the scientific and technical instruments company's stock, valued at approximately $770,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its holdings in 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 valued at $28,125,000 after buying an additional 14,185 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Keysight Technologies by 3.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock valued at $8,896,000 after acquiring an additional 1,755 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock worth $3,018,000 after acquiring an additional 3,857 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Keysight Technologies by 8.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock worth $4,448,000 after purchasing an additional 2,260 shares during the last quarter. Finally, Portfolio Design Labs LLC boosted its position in Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock valued at $2,498,000 after purchasing an additional 2,336 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of recent research reports. Robert W. Baird boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $170.00 to $200.00 in a research 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $184.44.
Read Our Latest Research Report on Keysight Technologies
Insider Transactions at Keysight Technologies
In related news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction 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 completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.61% of the company's stock.
Keysight Technologies Stock Performance
Keysight Technologies stock traded down $0.48 during midday trading on Friday, hitting $154.65. 1,243,928 shares of the company were exchanged, compared to its average volume of 1,107,449. The business has a fifty day simple moving average of $166.92 and a two-hundred day simple moving average of $162.05. 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 firm has a market capitalization of $26.72 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.
Keysight Technologies Company Profile
(
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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