LBP AM SA lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 55.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,590 shares of the scientific and technical instruments company's stock after purchasing an additional 30,628 shares during the quarter. LBP AM SA's holdings in Keysight Technologies were worth $13,748,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of KEYS. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies during the 3rd quarter worth $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter valued at $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies in the 3rd quarter valued at $35,000. Groupama Asset Managment grew its stake in 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 last quarter. Finally, Venturi Wealth Management LLC grew its stake 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 during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.
Insiders Place Their Bets
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction dated 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 transaction, the senior vice president now directly 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company's stock.
Keysight Technologies Price Performance
Shares of NYSE KEYS traded up $2.69 during trading on Wednesday, reaching $155.42. The company had a trading volume of 946,777 shares, compared to its average volume of 1,108,341. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock has a market cap of $26.86 billion, a PE ratio of 44.41, a PEG ratio of 2.41 and a beta of 1.10. 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 business's 50 day moving average price is $167.43 and its 200-day moving average price is $162.04.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on KEYS shares. Susquehanna reiterated a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. Bank of America raised their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research report on Wednesday, November 20th. Finally, Barclays raised their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $184.44.
Check Out Our Latest Stock Report on KEYS
Keysight Technologies Profile
(
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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