Baird Financial Group Inc. Grows Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Baird Financial Group Inc. raised its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,671 shares of the scientific and technical instruments company's stock after buying an additional 6,203 shares during the period. Baird Financial Group Inc.'s holdings in Keysight Technologies were worth $10,067,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of KEYS. Wilmington Savings Fund Society FSB acquired a new position in Keysight Technologies during the third quarter worth $120,000. Tidal Investments LLC raised its stake in shares of Keysight Technologies by 8.0% during the 3rd quarter. Tidal Investments LLC now owns 8,649 shares of the scientific and technical instruments company's stock worth $1,375,000 after buying an additional 642 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Keysight Technologies by 2.7% in the 3rd quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company's stock worth $38,099,000 after buying an additional 6,241 shares in the last quarter. First Hawaiian Bank grew its stake in Keysight Technologies by 2.7% in the 4th quarter. First Hawaiian Bank now owns 11,221 shares of the scientific and technical instruments company's stock valued at $1,802,000 after acquiring an additional 296 shares during the last quarter. Finally, RMR Wealth Builders increased its holdings in Keysight Technologies by 2.8% during the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock valued at $417,000 after acquiring an additional 70 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 1.9 %

Shares of KEYS opened at $149.37 on Thursday. The company's fifty day moving average is $145.48 and its two-hundred day moving average is $159.13. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week 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. The firm has a market cap of $25.81 billion, a PE ratio of 42.68, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.61% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on KEYS shares. 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. JPMorgan Chase & Co. decreased their price objective on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $181.33.

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.

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