Generali Asset Management SPA SGR Buys New Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Generali Asset Management SPA SGR bought a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,422 shares of the scientific and technical instruments company’s stock, valued at approximately $1,353,000.

Other large investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies during the third quarter worth $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the third quarter worth $35,000. Venturi Wealth Management LLC raised its stake 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 acquiring an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after acquiring an additional 158 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $155.16 on Friday. The business’s 50-day simple moving average is $167.05 and its 200 day simple moving average is $161.95. The stock has a market cap of $26.81 billion, a price-to-earnings ratio of 44.33, a P/E/G ratio of 2.41 and a beta of 1.10. 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.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s 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 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on KEYS shares. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 11th. Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $184.44.

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.