KLP Kapitalforvaltning AS bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 56,400 shares of the scientific and technical instruments company's stock, valued at approximately $9,060,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the 3rd quarter worth $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $35,000. Groupama Asset Managment raised its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock valued at $35,000 after buying an additional 9,437 shares in the last quarter. Finally, Venturi Wealth Management LLC lifted its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after acquiring an additional 133 shares during the last quarter. Institutional investors own 84.58% of the company's stock.
Analyst Ratings Changes
A number of brokerages have issued reports on KEYS. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and increased their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Finally, StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $184.44.
Get Our Latest Stock Analysis on KEYS
Keysight Technologies Trading Down 3.1 %
Shares of NYSE KEYS traded down $4.75 during mid-day trading on Friday, reaching $150.40. The company had a trading volume of 767,569 shares, compared to its average volume of 1,150,254. The stock has a market cap of $25.99 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The business's 50-day moving average is $166.07 and its 200-day moving average is $162.27. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.61% of the stock is owned by corporate insiders.
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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