Keysight Technologies (NYSE:KEYS) Rating Increased to Buy at StockNews.com

Keysight Technologies (NYSE:KEYS - Get Free Report) was upgraded by investment analysts at StockNews.com from a "hold" rating to a "buy" rating in a research report issued to clients and investors on Friday.

Other equities analysts also recently issued reports about the company. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Susquehanna reiterated a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Robert W. Baird raised their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company's stock. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $180.80.

Keysight Technologies Price Performance

NYSE:KEYS traded down $1.72 during trading hours on Friday, hitting $162.91. The company's stock had a trading volume of 624,188 shares, compared to its average volume of 1,207,880. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock has a fifty day simple moving average of $162.46 and a 200-day simple moving average of $150.08. The company has a market capitalization of $28.21 billion, a P/E ratio of 46.55, a PEG ratio of 2.12 and a beta of 1.00.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at $6,151,725.60. The trade was a 1.63 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,063 shares of company stock worth $4,603,201. Corporate insiders own 0.60% of the company's stock.

Hedge Funds Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the company. Natixis Advisors LLC lifted 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 valued at $28,125,000 after buying an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of 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 in the last quarter. Speece Thorson Capital Group Inc. boosted its holdings in shares of Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock worth $12,814,000 after acquiring an additional 17,962 shares during the period. 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 in the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in Keysight Technologies by 318.8% during the 3rd 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. 84.58% of the stock is owned by institutional investors.

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.

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