Mufg Securities Americas Inc. Invests $412,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Mufg Securities Americas Inc. bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,562 shares of the scientific and technical instruments company's stock, valued at approximately $412,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in KEYS. EverSource Wealth Advisors LLC lifted its position in shares of Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after acquiring an additional 61 shares in the last quarter. Caprock Group LLC raised its holdings in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC boosted its position in shares of Keysight Technologies by 2.8% in the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock valued at $387,000 after purchasing an additional 66 shares during the period. OLD National Bancorp IN grew its position in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock worth $340,000 after acquiring an additional 68 shares during the last quarter. Finally, RMR Wealth Builders raised its stake 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 during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research reports. Robert W. Baird raised 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. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Morgan Stanley lifted their target price on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. dropped their price objective on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction 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. This trade represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is owned by company insiders.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS traded down $2.64 during trading on Monday, reaching $162.76. 1,042,392 shares of the company's stock traded hands, compared to its average volume of 1,147,557. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock has a market capitalization of $28.13 billion, a P/E ratio of 46.50, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a 50 day moving average of $146.46 and a 200-day moving average of $159.54.

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.