Harvest Fund Management Co. Ltd Takes Position in Keysight Technologies, Inc. (NYSE:KEYS)

Harvest Fund Management Co. Ltd bought a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,428 shares of the scientific and technical instruments company's stock, valued at approximately $390,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the third quarter worth about $35,000. Groupama Asset Managment raised its holdings in shares of Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock valued at $35,000 after purchasing an additional 9,437 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its position in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 133 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KEYS. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Finally, Robert W. Baird increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and an average target price of $184.44.

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Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the 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 sale, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

Keysight Technologies stock traded down $2.00 during midday trading on Wednesday, hitting $156.47. 565,987 shares of the company were exchanged, compared to its average volume of 1,027,867. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The firm has a market capitalization of $27.04 billion, a PE ratio of 44.71, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a fifty day simple moving average of $166.75 and a two-hundred day simple moving average of $162.33. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.