Fox Run Management L.L.C. acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 6,226 shares of the scientific and technical instruments company's stock, valued at approximately $1,000,000.
A number of other hedge funds have also made changes to their positions in the business. EverSource Wealth Advisors LLC grew its position in Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after acquiring an additional 61 shares in the last quarter. Caprock Group LLC grew its holdings in Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC increased its stake in Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after buying an additional 66 shares during the period. OLD National Bancorp IN lifted its holdings in Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after buying an additional 68 shares in the last quarter. Finally, RMR Wealth Builders boosted its position in Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Stock Performance
Shares of NYSE KEYS traded down $1.02 during midday trading on Thursday, hitting $155.38. The company's stock had a trading volume of 742,490 shares, compared to its average volume of 1,099,173. The firm has a market cap of $26.85 billion, a P/E ratio of 44.39, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The firm's fifty day moving average price is $166.38 and its 200-day moving average price is $162.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.
Analyst Ratings Changes
KEYS has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $184.44.
Get Our Latest Research Report on KEYS
Insider Buying and Selling at Keysight Technologies
In other 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 transaction of $970,740.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.
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.
Further Reading
Before you consider Keysight Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keysight Technologies wasn't on the list.
While Keysight Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
