Vestcor Inc Boosts Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Vestcor Inc raised its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 34.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,909 shares of the scientific and technical instruments company's stock after purchasing an additional 2,264 shares during the period. Vestcor Inc's holdings in Keysight Technologies were worth $1,431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $35,000. Groupama Asset Managment grew its holdings in shares of 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 worth $35,000 after acquiring an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC grew its holdings in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after acquiring an additional 133 shares during the period. Institutional investors own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company's stock in a transaction dated 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 transaction, the senior vice president now 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 legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.61% of the company's stock.

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Keysight Technologies Stock Up 1.8 %

NYSE:KEYS traded up $2.69 during trading hours on Wednesday, reaching $155.42. The company's stock had a trading volume of 946,777 shares, compared to its average volume of 1,051,349. The company has a market capitalization of $26.86 billion, a P/E ratio of 44.41, a price-to-earnings-growth 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 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 50 day moving average price of $167.43 and a two-hundred day moving average price of $162.04.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, November 20th. Barclays upped their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 11th. Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research note on Wednesday, November 20th. Finally, Susquehanna reiterated a "positive" rating and set a $185.00 target price 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 given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $184.44.

Keysight Technologies 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.