LPL Financial LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 10.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,596 shares of the scientific and technical instruments company's stock after purchasing an additional 4,704 shares during the period. LPL Financial LLC's holdings in Keysight Technologies were worth $8,127,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position in Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after acquiring an additional 61 shares in the last quarter. Caprock Group LLC raised its stake in shares of Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock valued at $502,000 after acquiring an additional 66 shares in the last quarter. Signaturefd LLC lifted its holdings in Keysight Technologies by 2.8% in the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after purchasing an additional 66 shares during the last quarter. OLD National Bancorp IN boosted its position in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after purchasing an additional 68 shares during the period. Finally, RMR Wealth Builders grew its holdings in Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after purchasing an additional 70 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.
Keysight Technologies Stock Performance
KEYS traded down $9.13 on Thursday, hitting $133.37. 1,306,478 shares of the stock traded hands, compared to its average volume of 1,158,111. The business has a fifty day moving average price of $158.70 and a two-hundred day moving average price of $161.29. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The firm has a market capitalization of $23.05 billion, a PE ratio of 38.11, a P/E/G ratio of 2.41 and a beta of 1.12.
Insider Activity
In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, 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 through this hyperlink. 0.61% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
KEYS has been the subject of several recent analyst reports. Robert W. Baird upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and upped 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 note on Saturday, March 22nd. Finally, Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.
Check Out Our Latest Report on Keysight Technologies
About Keysight Technologies
(
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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