Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 10.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,563 shares of the scientific and technical instruments company's stock after purchasing an additional 3,293 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank's holdings in Keysight Technologies were worth $5,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Swedbank AB raised its stake in shares of Keysight Technologies by 3.8% in the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company's stock worth $564,626,000 after buying an additional 151,446 shares during the period. Natixis Advisors LLC lifted its holdings in Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock valued at $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock worth $2,685,000 after purchasing an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. increased its stake in shares of Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock worth $12,814,000 after purchasing an additional 17,962 shares in the last quarter. Finally, Vontobel Holding Ltd. lifted its stake in shares of Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company's stock valued at $171,830,000 after buying an additional 10,579 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 21st. StockNews.com cut Keysight Technologies from a "buy" rating to a "hold" rating in a report on Saturday, November 23rd. Wells Fargo & Company reaffirmed an "overweight" rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Susquehanna reaffirmed a "positive" rating and issued a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $177.30.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company's stock, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now owns 35,912 shares of the company's stock, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.60% of the company's stock.

Keysight Technologies Stock Down 0.3 %

Shares of KEYS traded down $0.59 during mid-day trading on Tuesday, hitting $171.00. The company's stock had a trading volume of 994,870 shares, compared to its average volume of 1,213,719. 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 company's 50-day moving average is $158.84 and its 200-day moving average is $147.11. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $175.39. The firm has a market capitalization of $29.68 billion, a price-to-earnings ratio of 48.85, a PEG ratio of 2.20 and a beta of 1.00.

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.