Korea Investment CORP lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,474 shares of the scientific and technical instruments company's stock after buying an additional 6,220 shares during the quarter. Korea Investment CORP owned about 0.06% of Keysight Technologies worth $16,460,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $35,000. Groupama Asset Managment grew its stake in shares of Keysight Technologies by 76.6% in 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 during the period. Venturi Wealth Management LLC increased its position in 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 buying an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock worth $57,000 after buying an additional 158 shares during the period. Institutional investors own 84.58% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Robert W. Baird increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $184.44.
Check Out Our Latest Analysis on KEYS
Keysight Technologies Price Performance
Shares of KEYS stock traded down $16.84 during trading hours on Thursday, reaching $134.87. The stock had a trading volume of 296,334 shares, compared to its average volume of 1,003,903. The stock's fifty day simple moving average is $164.91 and its 200 day simple moving average is $162.41. The firm has a market capitalization of $23.31 billion, a PE ratio of 38.53, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. 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 related news, CFO Neil Dougherty sold 3,632 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.61% of the company's stock.
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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