Swiss National Bank decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 490,300 shares of the scientific and technical instruments company's stock after selling 27,700 shares during the quarter. Swiss National Bank owned 0.28% of Keysight Technologies worth $78,757,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Los Angeles Capital Management LLC raised its position in Keysight Technologies by 330.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock worth $108,244,000 after acquiring an additional 517,267 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $58,367,000. Geode Capital Management LLC lifted its stake in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after buying an additional 323,235 shares in the last quarter. Swedbank AB grew its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after buying an additional 292,372 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its position in Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock worth $158,692,000 after buying an additional 216,564 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.
Insider Activity at Keysight Technologies
In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on 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 sale, the senior vice president now owns 85,829 shares of the company's stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their target price 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. Bank of America raised their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. Finally, 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. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of "Moderate Buy" and a consensus target price of $184.44.
View Our Latest Report on Keysight Technologies
Keysight Technologies Trading Up 1.8 %
Shares of Keysight Technologies stock traded up $2.69 during trading hours on Wednesday, reaching $155.42. The stock had a trading volume of 946,777 shares, compared to its average volume of 1,108,341. The firm has a market capitalization of $26.86 billion, a price-to-earnings ratio of 44.41, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a 50 day simple moving average of $167.43 and a two-hundred day simple moving average of $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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