Rafferty Asset Management LLC Decreases Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Rafferty Asset Management LLC decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,542 shares of the scientific and technical instruments company’s stock after selling 820 shares during the quarter. Rafferty Asset Management LLC’s holdings in Keysight Technologies were worth $9,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC lifted its holdings in shares of 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. Quarry LP raised its position in Keysight Technologies by 188.1% in the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock worth $70,000 after purchasing an additional 284 shares during the period. Huntington National Bank lifted its stake in Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after purchasing an additional 216 shares during the last quarter. Principal Securities Inc. grew its stake in shares of Keysight Technologies by 45.0% during the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after buying an additional 259 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Keysight Technologies by 45.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company’s stock worth $155,000 after buying an additional 300 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. cut their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Morgan Stanley raised their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $181.33.

Keysight Technologies Stock Up 0.4%

Shares of NYSE KEYS opened at $165.49 on Friday. The firm has a fifty day simple moving average of $146.46 and a two-hundred day simple moving average of $159.41. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. 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 $28.60 billion, a PE ratio of 47.28, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Insider Activity at Keysight Technologies

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 stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. The trade was a 3.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by corporate insiders.

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.