First Hawaiian Bank Acquires 296 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

First Hawaiian Bank grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,221 shares of the scientific and technical instruments company’s stock after purchasing an additional 296 shares during the period. First Hawaiian Bank’s holdings in Keysight Technologies were worth $1,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in KEYS. Meeder Asset Management Inc. purchased a new stake in Keysight Technologies in the 2nd quarter valued at about $27,000. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the third quarter valued at approximately $29,000. American National Bank & Trust bought a new position in Keysight Technologies in the third quarter worth approximately $31,000. Finally, Goodman Advisory Group LLC purchased a new position in Keysight Technologies during the 3rd quarter worth $35,000. 84.58% of the stock is currently owned by institutional investors.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock valued at $5,573,941 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $164.78 on Thursday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $175.39. The business’s fifty day simple moving average is $163.54 and its 200-day simple moving average is $151.73. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market cap of $28.54 billion, a PE ratio of 47.08, a PEG ratio of 2.12 and a beta of 1.02.

Analysts Set New Price Targets

KEYS has been the subject of several research reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.