3,370 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Purchased by Cypress Advisory Group LLC

Cypress Advisory Group LLC bought a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 3,370 shares of the scientific and technical instruments company's stock, valued at approximately $541,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 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 worth $43,000 after buying an additional 133 shares during the period. Versant Capital Management Inc boosted its stake in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Quarry LP raised its holdings in shares of Keysight Technologies by 188.1% in the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after buying an additional 284 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Keysight Technologies during the third quarter valued at approximately $120,000. Finally, Huntington National Bank increased its holdings in shares of 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 valued at $127,000 after purchasing an additional 216 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock traded down $0.84 during trading on Tuesday, reaching $146.46. The company's stock had a trading volume of 188,789 shares, compared to its average volume of 1,145,814. 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 has a 50 day moving average price of $145.91 and a 200-day moving average price of $159.28. The company has a market capitalization of $25.31 billion, a P/E ratio of 41.84, 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 company's stock in a transaction that occurred 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 sale, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This represents a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.61% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KEYS shares. Robert W. Baird increased their target price on 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 lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. JPMorgan Chase & Co. dropped their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. Finally, Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $181.33.

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.