Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Groupama Asset Managment

Groupama Asset Managment lifted its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 76.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,753 shares of the scientific and technical instruments company's stock after purchasing an additional 9,437 shares during the period. Groupama Asset Managment's holdings in Keysight Technologies were worth $35,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Keysight Technologies by 0.6% in the 2nd quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company's stock valued at $1,737,000 after acquiring an additional 73 shares during the last quarter. Wedmont Private Capital increased its stake in Keysight Technologies by 2.8% in the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company's stock valued at $391,000 after purchasing an additional 74 shares during the last quarter. Cromwell Holdings LLC raised its holdings in Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company's stock worth $87,000 after purchasing an additional 75 shares in the last quarter. Allworth Financial LP lifted its position in shares of Keysight Technologies by 3.9% during the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company's stock worth $317,000 after buying an additional 75 shares during the last quarter. Finally, Diversified LLC boosted its holdings in shares of Keysight Technologies by 3.6% in the 2nd quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company's stock valued at $309,000 after buying an additional 78 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

NYSE KEYS traded down $3.64 on Tuesday, hitting $168.89. 1,150,440 shares of the company's stock were exchanged, compared to its average volume of 1,207,302. The firm has a market cap of $29.31 billion, a price-to-earnings ratio of 48.25, a P/E/G ratio of 2.20 and a beta of 1.00. The firm's 50-day moving average price is $160.60 and its two-hundred day moving average price is $148.01. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Buying and Selling

In other news, CEO Satish Dhanasekaran sold 17,822 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now owns 116,582 shares of the company's stock, valued at $19,779,302.12. The trade was a 13.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 27,063 shares of company stock valued at $4,603,201 over the last quarter. Company insiders own 0.60% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on KEYS shares. StockNews.com cut Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, November 23rd. Susquehanna reissued a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley lifted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. Robert W. Baird upped their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, November 20th. Finally, Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.

Keysight Technologies Company 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.