Swiss National Bank Has $78.76 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Swiss National Bank lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.3% in the fourth quarter, HoldingsChannel reports. The fund owned 490,300 shares of the scientific and technical instruments company’s stock after selling 27,700 shares during the period. Swiss National Bank’s holdings in Keysight Technologies were worth $78,757,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Keysight Technologies by 607.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 43,959 shares of the scientific and technical instruments company’s stock worth $7,061,000 after buying an additional 37,745 shares during the last quarter. Avantax Advisory Services Inc. raised its position in shares of Keysight Technologies by 5.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 5,722 shares of the scientific and technical instruments company’s stock valued at $919,000 after acquiring an additional 272 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock valued at $314,000 after purchasing an additional 61 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Keysight Technologies by 8.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock worth $4,448,000 after purchasing an additional 2,260 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Keysight Technologies by 1.2% during the fourth quarter. HighTower Advisors LLC now owns 13,385 shares of the scientific and technical instruments company’s stock worth $2,150,000 after purchasing an additional 165 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Finally, Morgan Stanley upped 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 investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Trading Up 2.7 %

KEYS opened at $152.11 on Friday. The firm’s fifty day simple moving average is $168.15 and its 200 day simple moving average is $161.93. The stock has a market capitalization of $26.29 billion, a P/E ratio of 43.46, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

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.