Vanguard Group Inc. Boosts Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Vanguard Group Inc. grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,873,635 shares of the scientific and technical instruments company’s stock after purchasing an additional 55,223 shares during the quarter. Vanguard Group Inc. owned approximately 12.07% of Keysight Technologies worth $3,352,932,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of KEYS. Truvestments Capital LLC bought a new position in Keysight Technologies in the third quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the 3rd quarter worth $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the third quarter valued at about $35,000. Venturi Wealth Management LLC grew its stake in Keysight Technologies by 100.8% in 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 purchasing an additional 133 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 0.3 %

Keysight Technologies stock opened at $158.31 on Wednesday. The stock has a 50-day moving average price of $166.75 and a 200 day moving average price of $162.33. The company has a market capitalization of $27.36 billion, a price-to-earnings ratio of 45.23, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week 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.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Robert W. Baird upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. 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, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was 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 owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company 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.