Freestone Grove Partners LP bought a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 1,995 shares of the scientific and technical instruments company's stock, valued at approximately $320,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its stake in shares of 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 acquiring an additional 133 shares in the last quarter. Versant Capital Management Inc increased its stake 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 worth $57,000 after purchasing an additional 158 shares during the last quarter. Quarry LP raised its holdings 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 worth $70,000 after purchasing an additional 284 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Keysight Technologies during the third quarter valued at $120,000. Finally, Huntington National Bank lifted its position 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 buying an additional 216 shares during the last quarter. 84.58% of the stock is owned by institutional investors.
Keysight Technologies Price Performance
Shares of NYSE KEYS traded up $2.83 during trading hours on Wednesday, reaching $149.37. 963,462 shares of the stock traded hands, compared to its average volume of 1,149,819. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a market capitalization of $25.81 billion, a P/E ratio of 42.68, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company's 50-day simple moving average is $145.48 and its two-hundred day simple moving average is $159.13. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on KEYS shares. Robert W. Baird boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. reduced their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $181.33.
Check Out Our Latest Analysis on KEYS
Insider Activity
In other news, CFO Neil Dougherty sold 3,632 shares of the business'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 directly owns 115,063 shares of the company's stock, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 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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