Charles Schwab Investment Management Inc. grew its position in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,015,675 shares of the scientific and technical instruments company’s stock after buying an additional 28,754 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Keysight Technologies were worth $163,148,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Keysight Technologies in the fourth quarter worth approximately $890,000. Jones Financial Companies Lllp lifted its position in shares of Keysight Technologies by 44.6% in the fourth quarter. Jones Financial Companies Lllp now owns 52,646 shares of the scientific and technical instruments company’s stock worth $8,457,000 after purchasing an additional 16,237 shares in the last quarter. Modera Wealth Management LLC purchased a new stake in shares of Keysight Technologies in the fourth quarter worth approximately $213,000. Smartleaf Asset Management LLC lifted its position in shares of Keysight Technologies by 45.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company’s stock worth $155,000 after purchasing an additional 300 shares in the last quarter. Finally, Nichols & Pratt Advisers LLP MA lifted its position in shares of Keysight Technologies by 14.4% in the fourth quarter. Nichols & Pratt Advisers LLP MA now owns 7,375 shares of the scientific and technical instruments company’s stock worth $1,185,000 after purchasing an additional 926 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
KEYS has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, March 3rd. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Finally, Morgan Stanley raised their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.44.
Keysight Technologies Trading Up 1.0 %
Shares of KEYS stock opened at $156.09 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. 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 50 day moving average is $169.14 and its two-hundred day moving average is $161.85. The company has a market cap of $26.99 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.61% of the company’s stock.
About Keysight Technologies
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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