Andra AP fonden increased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 40.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,900 shares of the scientific and technical instruments company's stock after buying an additional 5,700 shares during the period. Andra AP fonden's holdings in Keysight Technologies were worth $3,197,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC bought a new stake in Keysight Technologies during the third quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the third quarter valued at $35,000. Groupama Asset Managment increased its stake in 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 valued at $35,000 after purchasing an additional 9,437 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its stake in 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 valued at $43,000 after purchasing an additional 133 shares during the last quarter. Institutional investors own 84.58% of the company's stock.
Keysight Technologies Price Performance
NYSE KEYS opened at $156.09 on Monday. The firm has a market capitalization of $26.99 billion, a PE ratio of 44.60, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company's 50 day simple moving average is $169.00 and its 200 day simple moving average is $162.16.
Insider Activity
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.61% of the company's stock.
Wall Street Analysts Forecast Growth
KEYS has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Susquehanna reissued a "positive" rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley boosted their price target 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. Finally, Bank of America boosted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $184.44.
Get Our Latest Stock Analysis on KEYS
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.
See Also
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS - Free Report).
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