Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 194,241 shares of the scientific and technical instruments company’s stock after purchasing an additional 8,444 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.11% of Keysight Technologies worth $39,711,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in KEYS. AQR Capital Management LLC grew its stake in shares of Keysight Technologies by 92.6% during the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after purchasing an additional 13,085 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of Keysight Technologies by 5.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after purchasing an additional 122 shares during the period. Empowered Funds LLC grew its stake in shares of Keysight Technologies by 30.0% during the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after purchasing an additional 2,461 shares during the period. Geneos Wealth Management Inc. grew its stake in Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after acquiring an additional 157 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Keysight Technologies in the second quarter valued at about $254,000. 84.58% of the stock is owned by institutional investors and hedge funds.
Keysight Technologies Trading Up 2.4%
Shares of NYSE:KEYS opened at $346.98 on Friday. The company has a market capitalization of $59.51 billion, a P/E ratio of 62.52, a P/E/G ratio of 2.47 and a beta of 1.15. Keysight Technologies Inc. has a 1 year low of $137.09 and a 1 year high of $348.43. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The business’s 50 day simple moving average is $292.58 and its 200 day simple moving average is $230.05.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on KEYS. JPMorgan Chase & Co. boosted their target price on Keysight Technologies from $300.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, April 16th. Susquehanna restated a “positive” rating and issued a $300.00 price target on shares of Keysight Technologies in a report on Tuesday, February 24th. Wells Fargo & Company upped their target price on Keysight Technologies from $225.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 24th. Zacks Research lowered Keysight Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Robert W. Baird boosted their price target on Keysight Technologies from $295.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, March 30th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $314.33.
View Our Latest Analysis on Keysight Technologies
Insider Buying and Selling
In other news, Director Ronald S. Nersesian sold 30,000 shares of the stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total value of $8,578,800.00. Following the completion of the transaction, the director directly owned 163,377 shares in the company, valued at approximately $46,719,286.92. This represents a 15.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Neil Dougherty sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $298.37, for a total value of $596,740.00. Following the completion of the transaction, the chief financial officer owned 125,272 shares of the company’s stock, valued at $37,377,406.64. The trade was a 1.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 40,334 shares of company stock worth $11,533,230 in the last ninety days. Insiders own 0.40% of the company’s stock.
Keysight Technologies Company Profile
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
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