Paralel Advisors LLC Has $2.58 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Paralel Advisors LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,053 shares of the scientific and technical instruments company’s stock after buying an additional 1,456 shares during the quarter. Paralel Advisors LLC’s holdings in Keysight Technologies were worth $2,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Venturi Wealth Management LLC increased its holdings in Keysight Technologies by 100.8% in the 4th 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 during the last quarter. Versant Capital Management Inc boosted its position 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 during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Keysight Technologies in the third quarter worth about $120,000. Huntington National Bank grew its holdings in Keysight Technologies by 37.4% during the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock valued at $127,000 after buying an additional 216 shares in the last quarter. Finally, Principal Securities Inc. boosted its holdings in Keysight Technologies by 45.0% during the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after acquiring an additional 259 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company increased their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average target price of $184.44.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Down 5.4 %

NYSE:KEYS traded down $7.72 during mid-day trading on Thursday, reaching $134.78. The stock had a trading volume of 30,840 shares, compared to its average volume of 1,155,618. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock’s 50 day simple moving average is $159.56 and its two-hundred day simple moving average is $161.44. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a market capitalization of $23.29 billion, a price-to-earnings ratio of 38.57, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

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.