Kovitz Investment Group Partners LLC lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 364.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,652,311 shares of the scientific and technical instruments company's stock after purchasing an additional 3,650,953 shares during the quarter. Keysight Technologies accounts for about 2.5% of Kovitz Investment Group Partners LLC's holdings, making the stock its 7th largest position. Kovitz Investment Group Partners LLC owned about 2.69% of Keysight Technologies worth $747,301,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in the stock. Venturi Wealth Management LLC raised 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 in the last quarter. Versant Capital Management Inc boosted its stake in Keysight Technologies by 79.4% in the fourth 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Keysight Technologies during the third quarter valued at approximately $120,000. Huntington National Bank raised its stake in shares of Keysight Technologies by 37.4% during the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after acquiring an additional 216 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in shares of Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after purchasing an additional 259 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Stock Performance
KEYS traded down $0.06 during midday trading on Monday, hitting $143.95. 734,831 shares of the company traded hands, compared to its average volume of 1,150,093. The firm has a market capitalization of $24.88 billion, a PE ratio of 41.13, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company's 50-day moving average is $148.61 and its 200 day moving average is $159.71. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.
Insider Buying and Selling at Keysight Technologies
In other news, CFO Neil Dougherty sold 3,632 shares of the 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 owns 115,063 shares in the company, valued at $17,834,765. This represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.61% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has an average rating of "Moderate Buy" and an average target price of $181.33.
Check Out Our Latest Research 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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