Virtu Financial LLC purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,189 shares of the scientific and technical instruments company's stock, valued at approximately $833,000.
Other hedge funds have also recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC purchased a new stake 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% in 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 increased its stake in 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 valued at $43,000 after purchasing an additional 133 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.
Keysight Technologies Trading Down 3.1 %
Shares of NYSE:KEYS traded down $4.75 during midday trading on Friday, reaching $150.40. The company's stock had a trading volume of 767,569 shares, compared to its average volume of 1,150,254. The firm has a market cap of $25.99 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a 50 day moving average price of $166.07 and a 200 day moving average price of $162.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.
Insider Activity
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction 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 approximately $13,886,273.91. The trade was 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 accessible through this hyperlink. Corporate insiders own 0.61% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms recently commented on KEYS. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Robert W. Baird increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $184.44.
View Our Latest Research Report on KEYS
Keysight Technologies Company Profile
(
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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