Cibc World Markets Corp lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,378 shares of the scientific and technical instruments company's stock after buying an additional 3,676 shares during the quarter. Cibc World Markets Corp's holdings in Keysight Technologies were worth $4,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of KEYS. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $35,000. Venturi Wealth Management LLC boosted its holdings in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after buying an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc grew its position 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 worth $57,000 after buying an additional 158 shares during the period. 84.58% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on KEYS shares. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded 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 note on Monday, December 16th. Finally, Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $184.44.
Read Our Latest Report on KEYS
Keysight Technologies Stock Up 2.7 %
Shares of Keysight Technologies stock traded up $4.19 on Monday, reaching $158.75. The company's stock had a trading volume of 737,003 shares, compared to its average volume of 1,105,984. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The firm's fifty day simple moving average is $166.92 and its two-hundred day simple moving average is $162.14. 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 company has a market capitalization of $27.43 billion, a price-to-earnings ratio of 45.36, a P/E/G ratio of 2.41 and a beta of 1.10.
Insider Buying and Selling
In related 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 sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.61% of the stock is owned by corporate insiders.
About Keysight Technologies
(
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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