GAMMA Investing LLC Acquires 1,077 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

GAMMA Investing LLC raised its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 109.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,064 shares of the scientific and technical instruments company’s stock after buying an additional 1,077 shares during the period. GAMMA Investing LLC’s holdings in Keysight Technologies were worth $332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of KEYS. State Street Corp boosted its stake in shares of Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares during the period. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares in the last quarter. Geode Capital Management LLC boosted its position in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after buying an additional 323,235 shares during the period. Dimensional Fund Advisors LP grew its stake in Keysight Technologies by 14.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after acquiring an additional 141,062 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its position in shares of Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after acquiring an additional 10,579 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity

In other news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Shares of KEYS opened at $165.28 on Tuesday. The company has a 50 day moving average of $163.32 and a two-hundred day moving average of $151.53. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a market cap of $28.62 billion, a price-to-earnings ratio of 47.22, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KEYS. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird increased their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 27th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Company 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.