Tredje AP fonden lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 10.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,089 shares of the scientific and technical instruments company’s stock after purchasing an additional 11,570 shares during the quarter. Tredje AP fonden owned 0.07% of Keysight Technologies worth $16,422,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rise Advisors LLC bought a new stake in Keysight Technologies during the 1st quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new stake in Keysight Technologies in the 2nd quarter valued at $27,000. Family Firm Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth $30,000. Larson Financial Group LLC bought a new position in Keysight Technologies during the 1st quarter worth about $31,000. Finally, GPS Wealth Strategies Group LLC increased its holdings in Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 184 shares in the last quarter. 84.58% of the stock is owned by institutional investors.
Keysight Technologies Price Performance
NYSE:KEYS opened at $150.49 on Wednesday. The company has a market cap of $26.27 billion, a P/E ratio of 32.79, a P/E/G ratio of 5.03 and a beta of 0.97. The firm’s fifty day moving average price is $141.06 and its two-hundred day moving average price is $144.82. Keysight Technologies, Inc. has a one year low of $118.57 and a one year high of $162.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.05 and a quick ratio of 1.52.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on KEYS. Susquehanna reduced their price objective on Keysight Technologies from $195.00 to $185.00 and set a “positive” rating for the company in a research report on Wednesday, August 21st. Wells Fargo & Company reissued an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research report on Wednesday, August 21st. Robert W. Baird decreased their target price on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Vertical Research started coverage on shares of Keysight Technologies in a research report on Tuesday, July 23rd. They set a “buy” rating and a $175.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $167.67.
Check Out Our Latest Report on KEYS
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, Director Richard P. Hamada sold 1,632 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $156.00, for a total value of $254,592.00. Following the transaction, the director now directly owns 42,160 shares of the company’s stock, valued at approximately $6,576,960. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by corporate insiders.
Keysight Technologies 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.
See Also
- Five stocks we like better than Keysight Technologies
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion?
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
- Upcoming IPO Stock Lockup Period, Explained
- Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.