Huntington National Bank Boosts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Huntington National Bank boosted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 37.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 793 shares of the scientific and technical instruments company’s stock after acquiring an additional 216 shares during the quarter. Huntington National Bank’s holdings in Keysight Technologies were worth $127,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Kesler Norman & Wride LLC purchased a new stake in shares of Keysight Technologies during the fourth quarter worth $637,000. Meeder Advisory Services Inc. increased its holdings in Keysight Technologies by 19.9% during the 4th quarter. Meeder Advisory Services Inc. now owns 3,543 shares of the scientific and technical instruments company’s stock worth $569,000 after purchasing an additional 588 shares during the period. Trexquant Investment LP purchased a new stake in Keysight Technologies during the 4th quarter worth about $13,814,000. May Hill Capital LLC acquired a new stake in Keysight Technologies in the 4th quarter valued at about $984,000. Finally, Geode Capital Management LLC boosted its stake in shares of Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after buying an additional 17,213 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Activity

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

Keysight Technologies Stock Down 6.6 %

KEYS stock opened at $126.76 on Monday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. 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 company has a market cap of $21.91 billion, a price-to-earnings ratio of 36.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company has a fifty day moving average price of $163.25 and a 200 day moving average price of $162.23.

Analysts Set New Price Targets

Several brokerages recently weighed in on KEYS. Robert W. Baird raised their target price 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. Wells Fargo & Company raised their price objective on shares of 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. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently 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.