SVB Wealth LLC Takes $1.11 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

SVB Wealth LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,881 shares of the scientific and technical instruments company's stock, valued at approximately $1,105,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Dynasty Wealth Management LLC raised its stake in shares of Keysight Technologies by 10.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 8,646 shares of the scientific and technical instruments company's stock valued at $1,389,000 after acquiring an additional 832 shares during the period. Peloton Wealth Strategists lifted its stake in Keysight Technologies by 7.2% in the fourth quarter. Peloton Wealth Strategists now owns 5,195 shares of the scientific and technical instruments company's stock worth $834,000 after purchasing an additional 350 shares during the last quarter. Hahn Capital Management LLC boosted its position in shares of Keysight Technologies by 40.7% during the fourth quarter. Hahn Capital Management LLC now owns 60,551 shares of the scientific and technical instruments company's stock valued at $9,726,000 after buying an additional 17,521 shares during the period. QRG Capital Management Inc. grew its stake in shares of Keysight Technologies by 8.8% during the fourth quarter. QRG Capital Management Inc. now owns 20,479 shares of the scientific and technical instruments company's stock valued at $3,290,000 after buying an additional 1,661 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Keysight Technologies in the fourth quarter worth approximately $14,785,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 2.3 %

Shares of NYSE KEYS traded down $3.68 during trading hours on Monday, hitting $155.85. 1,231,461 shares of the stock were exchanged, compared to its average volume of 1,062,454. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm has a fifty day moving average price of $169.84 and a 200-day moving average price of $161.65. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $26.95 billion, a PE ratio of 44.53, a PEG ratio of 2.41 and a beta of 1.02.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction 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 sale, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the business's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on KEYS shares. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com upgraded Keysight Technologies from a "hold" rating to a "buy" rating in a report on Saturday, February 22nd. Finally, Susquehanna restated a "positive" rating and set a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $184.44.

About Keysight Technologies

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.