Korea Investment CORP Has $16.46 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Korea Investment CORP grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,474 shares of the scientific and technical instruments company’s stock after acquiring an additional 6,220 shares during the quarter. Korea Investment CORP owned 0.06% of Keysight Technologies worth $16,460,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of KEYS. EverSource Wealth Advisors LLC boosted its stake in Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after buying an additional 61 shares in the last quarter. Caprock Group LLC lifted its holdings in shares of Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after acquiring an additional 66 shares during the period. Signaturefd LLC boosted its position in shares of Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 66 shares in the last quarter. OLD National Bancorp IN increased its stake in Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after acquiring an additional 68 shares during the period. Finally, RMR Wealth Builders raised its position in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after purchasing an additional 70 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company boosted 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. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $150.40 on Friday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The stock has a 50-day simple moving average of $166.07 and a 200 day simple moving average of $162.38. 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 stock has a market capitalization of $25.99 billion, a price-to-earnings ratio of 42.97, a P/E/G ratio of 2.41 and a beta of 1.10.

Insiders Place Their Bets

In related 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 value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.61% of the company’s stock.

Keysight Technologies 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.