J. Safra Sarasin Holding AG grew its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 30.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 89,387 shares of the scientific and technical instruments company's stock after acquiring an additional 20,807 shares during the period. J. Safra Sarasin Holding AG owned about 0.05% of Keysight Technologies worth $14,358,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in the stock. Venturi Wealth Management LLC increased its position in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after acquiring an additional 133 shares during the period. Versant Capital Management Inc grew its stake in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock worth $57,000 after purchasing an additional 158 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Keysight Technologies during the 3rd quarter worth about $120,000. Huntington National Bank raised its position in Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock valued at $127,000 after purchasing an additional 216 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in shares of Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after buying an additional 259 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Stock Performance
Keysight Technologies stock traded up $6.51 during mid-day trading on Thursday, reaching $143.80. 1,825,487 shares of the company were exchanged, compared to its average volume of 1,150,291. The firm has a market cap of $24.85 billion, a PE ratio of 41.09, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm's 50-day simple moving average is $150.25 and its two-hundred day simple moving average is $159.87. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on KEYS. Wells Fargo & Company upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. reduced their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Finally, Robert W. Baird raised their price objective on 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 given a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of "Moderate Buy" and an average target price of $181.33.
Read Our Latest Stock Analysis on Keysight Technologies
Insider Activity at Keysight Technologies
In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.61% of the stock is currently owned by insiders.
Keysight Technologies Company Profile
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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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