DnB Asset Management AS Acquires 906 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

DnB Asset Management AS raised its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,915 shares of the scientific and technical instruments company’s stock after purchasing an additional 906 shares during the quarter. DnB Asset Management AS’s holdings in Keysight Technologies were worth $5,287,000 as of its most recent filing with the Securities and Exchange Commission.

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

Keysight Technologies Stock Down 3.1 %

Shares of NYSE KEYS opened at $150.40 on Monday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm’s 50-day moving average is $166.07 and its 200-day moving average is $162.48. 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 $25.99 billion, a PE ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. 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. Finally, Robert W. Baird lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price 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.