Keysight Technologies (NYSE:KEYS) Downgraded by StockNews.com to Buy

Keysight Technologies (NYSE:KEYS - Get Free Report) was downgraded by equities researchers at StockNews.com from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Saturday.

A number of other research analysts also recently weighed in on KEYS. Wells Fargo & Company lifted 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. Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $184.44.

Keysight Technologies Trading Up 2.7 %

Shares of NYSE:KEYS traded up $4.19 during mid-day trading on Friday, hitting $158.75. The stock had a trading volume of 737,204 shares, compared to its average volume of 1,105,987. The company's 50 day moving average is $166.87 and its 200-day moving average is $162.22. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $186.20. 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 company has a market cap of $27.43 billion, a PE ratio of 45.36, a P/E/G ratio of 2.41 and a beta of 1.10.

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Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares of the company's stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.61% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Keysight Technologies

Several institutional investors have recently bought and sold shares of KEYS. Kovitz Investment Group Partners LLC increased its holdings in shares of Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after acquiring an additional 3,650,953 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after purchasing an additional 3,621,349 shares during the last quarter. Norges Bank acquired a new position in Keysight Technologies during the fourth quarter valued at approximately $320,707,000. Point72 Asset Management L.P. raised its position in shares of Keysight Technologies by 343.6% in the fourth quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock valued at $161,946,000 after purchasing an additional 780,893 shares during the period. Finally, Boston Partners lifted its stake in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after buying an additional 704,920 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

About Keysight Technologies

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.