Mendel Money Management Buys 4,409 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Mendel Money Management raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 38.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,934 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,409 shares during the period. Mendel Money Management’s holdings in Keysight Technologies were worth $2,559,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH bought a new position in shares of Keysight Technologies in the third quarter valued at $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC grew its holdings in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of 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 valued at $57,000 after acquiring an additional 158 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related 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 value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. raised shares of 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. Wells Fargo & Company upped their price objective 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. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Price Performance

NYSE KEYS opened at $158.31 on Wednesday. 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 firm has a market capitalization of $27.36 billion, a P/E ratio of 45.23, a P/E/G ratio of 2.41 and a beta of 1.10. The firm’s fifty day simple moving average is $166.75 and its two-hundred day simple moving average is $162.33. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

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.