BLI Banque de Luxembourg Investments bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 22,000 shares of the scientific and technical instruments company's stock, valued at approximately $3,545,000.
Other institutional investors also recently modified their holdings of the company. Venturi Wealth Management LLC lifted its holdings in Keysight Technologies by 100.8% during the fourth 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 in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Keysight Technologies by 79.4% during the 4th 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 in the last quarter. Quarry LP grew its position in shares of Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock valued at $70,000 after purchasing an additional 284 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $120,000. Finally, Huntington National Bank raised its holdings in Keysight Technologies by 37.4% during the 4th 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 period. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on KEYS shares. JPMorgan Chase & Co. lowered their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Finally, Robert W. Baird increased 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. 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $181.33.
View Our Latest Report on KEYS
Keysight Technologies Trading Up 2.0 %
Shares of Keysight Technologies stock opened at $148.38 on Monday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month 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 business's 50 day moving average is $146.18 and its 200-day moving average is $159.37. The stock has a market cap of $25.64 billion, a P/E ratio of 42.39, a P/E/G ratio of 2.41 and a beta of 1.10.
Insiders Place Their Bets
In other news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.61% of the company's stock.
About Keysight Technologies
(
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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