Generali Asset Management SPA SGR purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,422 shares of the scientific and technical instruments company's stock, valued at approximately $1,353,000.
Other hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the third quarter valued at about $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the third quarter worth about $35,000. Groupama Asset Managment raised its position in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC lifted 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 purchasing an additional 133 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company's stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.61% of the company's stock.
Keysight Technologies Stock Performance
KEYS stock traded down $0.41 during midday trading on Tuesday, reaching $158.31. 655,865 shares of the company were exchanged, compared to its average volume of 1,105,321. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The firm has a market capitalization of $27.36 billion, a price-to-earnings ratio of 45.23, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a 50-day moving average price of $166.87 and a two-hundred day moving average price of $162.22. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.
Analyst Ratings Changes
A number of 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 report on Saturday. Wells Fargo & Company upped 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. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Robert W. Baird increased 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. One 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 presently has an average rating of "Moderate Buy" and a consensus price target of $184.44.
View Our Latest Stock Analysis on Keysight Technologies
Keysight Technologies 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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