Madison Investment Advisors LLC acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 548,874 shares of the scientific and technical instruments company's stock, valued at approximately $88,166,000. Madison Investment Advisors LLC owned about 0.32% of Keysight Technologies at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of the business. Natixis Advisors LLC lifted its position in Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock worth $28,125,000 after acquiring an additional 14,185 shares during the last quarter. Speece Thorson Capital Group Inc. lifted its position in Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock worth $12,814,000 after acquiring an additional 17,962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock worth $3,018,000 after acquiring an additional 3,857 shares during the last quarter. LMR Partners LLP acquired a new position in Keysight Technologies during the 3rd quarter worth $14,339,000. Finally, PNC Financial Services Group Inc. lifted its position in Keysight Technologies by 3.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock worth $8,896,000 after acquiring an additional 1,755 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.
Insiders Place Their Bets
In other news, SVP Mark Adam Wallace sold 6,000 shares of the company's stock in a transaction that occurred on Monday, December 30th. The shares were 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 approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company's stock.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on KEYS. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 11th. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Susquehanna reissued a "positive" rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $184.44.
Read Our Latest Analysis on Keysight Technologies
Keysight Technologies Price Performance
Keysight Technologies stock traded up $2.26 during trading hours on Monday, hitting $154.29. 584,676 shares of the stock were exchanged, compared to its average volume of 1,110,129. 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 stock has a market capitalization of $26.66 billion, a P/E ratio of 44.08, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The business's 50-day moving average is $167.92 and its two-hundred day moving average is $162.04.
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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