Tower Research Capital LLC TRC Boosts Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Tower Research Capital LLC TRC lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 80.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,096 shares of the scientific and technical instruments company's stock after buying an additional 6,301 shares during the period. Tower Research Capital LLC TRC's holdings in Keysight Technologies were worth $2,264,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of KEYS. Venturi Wealth Management LLC boosted its stake in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after acquiring an additional 133 shares during the last quarter. Versant Capital Management Inc lifted its stake in Keysight Technologies by 79.4% in the fourth 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 during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Keysight Technologies in the third quarter valued at approximately $120,000. Huntington National Bank increased its position in Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after buying an additional 216 shares during the last quarter. Finally, Principal Securities Inc. raised its stake in shares of Keysight Technologies by 45.0% in the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after buying an additional 259 shares during the period. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Stock Performance

NYSE KEYS opened at $135.28 on Wednesday. The company's 50 day simple moving average is $151.96 and its two-hundred day simple moving average is $160.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The stock has a market capitalization of $23.38 billion, a PE ratio of 38.65, a P/E/G ratio of 2.41 and a beta of 1.12.

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction dated 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 of the company's stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on KEYS. Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. JPMorgan Chase & Co. reduced their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Finally, StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of "Moderate Buy" and an average price target of $181.33.

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.

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