Tower Research Capital LLC TRC increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 80.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,096 shares of the scientific and technical instruments company's stock after buying an additional 6,301 shares during the quarter. Tower Research Capital LLC TRC's holdings in Keysight Technologies were worth $2,264,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC raised its stake in shares of 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 valued at $43,000 after acquiring an additional 133 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Keysight Technologies by 79.4% in 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 buying an additional 158 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Keysight Technologies in the third quarter valued at approximately $120,000. Huntington National Bank increased its position 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 valued at $127,000 after purchasing an additional 216 shares during the period. Finally, Principal Securities Inc. raised its holdings in Keysight Technologies by 45.0% during the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock worth $134,000 after purchasing an additional 259 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Keysight Technologies
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 transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.61% of the company's stock.
Keysight Technologies Stock Performance
Keysight Technologies stock traded down $1.46 during mid-day trading on Monday, reaching $142.55. 118,786 shares of the company's stock were exchanged, compared to its average volume of 1,054,460. The firm has a market capitalization of $24.63 billion, a PE ratio of 40.73, a P/E/G ratio of 2.41 and a beta of 1.12. 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 fifty day simple moving average is $149.43 and its 200 day simple moving average is $159.82. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the stock. 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 report on Wednesday, February 26th. JPMorgan Chase & Co. cut their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. According to data from MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and an average price target of $181.33.
Read Our Latest Stock Analysis on Keysight Technologies
Keysight Technologies Profile
(
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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