Principal Financial Group Inc. Raises Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Principal Financial Group Inc. boosted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 239,720 shares of the scientific and technical instruments company's stock after buying an additional 6,241 shares during the quarter. Principal Financial Group Inc. owned approximately 0.14% of Keysight Technologies worth $38,099,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its stake in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock worth $28,125,000 after buying an additional 14,185 shares during the period. Janney Montgomery Scott LLC raised its position in Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock worth $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. lifted its holdings in Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock valued at $12,814,000 after purchasing an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. grew its position in shares of Keysight Technologies by 1.0% in the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company's stock valued at $171,830,000 after purchasing an additional 10,579 shares during the period. Finally, Oppenheimer Asset Management Inc. increased its stake in shares of Keysight Technologies by 318.8% during the third quarter. Oppenheimer Asset Management Inc. now owns 49,299 shares of the scientific and technical instruments company's stock worth $7,835,000 after purchasing an additional 37,528 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares of the company's stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction dated Monday, December 2nd. The shares were 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 approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,063 shares of company stock worth $4,603,201 in the last 90 days. Insiders own 0.60% of the company's stock.

Keysight Technologies Trading Up 0.7 %

Keysight Technologies stock traded up $1.15 during midday trading on Tuesday, hitting $163.86. 273,816 shares of the stock were exchanged, compared to its average volume of 1,213,341. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The stock's 50-day simple moving average is $162.20 and its 200 day simple moving average is $149.88. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The stock has a market capitalization of $28.38 billion, a price-to-earnings ratio of 46.82, a PEG ratio of 2.15 and a beta of 1.00.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Bank of America raised their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. Susquehanna reaffirmed a "positive" rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, StockNews.com cut shares of Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, November 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $180.80.

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.