CIBC Asset Management Inc Buys 77,631 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

CIBC Asset Management Inc grew its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 60.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 205,787 shares of the scientific and technical instruments company's stock after purchasing an additional 77,631 shares during the quarter. CIBC Asset Management Inc owned about 0.12% of Keysight Technologies worth $32,983,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $35,000. Versant Capital Management Inc increased its stake in shares of Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $57,000. Institutional investors own 84.58% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on KEYS. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Bank of America lifted 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. Susquehanna reiterated a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $180.80.

Keysight Technologies Stock Down 5.2 %

NYSE KEYS traded down $9.57 during mid-day trading on Friday, hitting $175.33. The company's stock had a trading volume of 1,847,340 shares, compared to its average volume of 923,398. The company's 50 day simple moving average is $169.77 and its 200 day simple moving average is $159.71. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $30.32 billion, a price-to-earnings ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02.

Insider Transactions at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 4,412 shares of the company's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. This represents a 12.59 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Adam Wallace sold 6,000 shares of the company's 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 completion of the sale, the senior vice president now owns 85,829 shares of the company's stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 in the last quarter. 0.61% of the stock is currently owned by corporate insiders.

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.