Keysight Technologies, Inc. (NYSE:KEYS) Stock Position Raised by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 9.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 106,700 shares of the scientific and technical instruments company's stock after buying an additional 9,306 shares during the period. Pictet Asset Management Holding SA owned about 0.06% of Keysight Technologies worth $17,139,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in KEYS. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the third quarter valued at $35,000. Groupama Asset Managment boosted its stake in 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 acquiring an additional 9,437 shares during the last quarter. Venturi Wealth Management LLC increased its position 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 worth $43,000 after purchasing an additional 133 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

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Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock traded down $8.97 during trading on Friday, hitting $126.76. 2,107,026 shares of the stock were exchanged, compared to its average volume of 1,155,570. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock's fifty day moving average is $163.25 and its 200 day moving average is $162.23. The stock has a market cap of $21.91 billion, a PE ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12.

Analyst Ratings Changes

Several analysts recently weighed in on KEYS shares. 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. StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird increased their target price 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. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $184.44.

Keysight Technologies Company Profile

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.