Arizona State Retirement System Buys 402 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Arizona State Retirement System lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,407 shares of the scientific and technical instruments company’s stock after buying an additional 402 shares during the period. Arizona State Retirement System’s holdings in Keysight Technologies were worth $8,097,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. Caprock Group LLC grew its stake in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after purchasing an additional 66 shares during the last quarter. OLD National Bancorp IN lifted its holdings in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after purchasing an additional 68 shares in the last quarter. RMR Wealth Builders grew its holdings in shares of Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after buying an additional 70 shares during the last quarter. Wedmont Private Capital boosted its stake in Keysight Technologies by 3.8% during the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock valued at $392,000 after purchasing an additional 88 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. grew its holdings in Keysight Technologies by 1.1% during the fourth quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock worth $1,307,000 after buying an additional 91 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $156.09 on Friday. The company has a market capitalization of $26.99 billion, a P/E ratio of 44.60, a P/E/G ratio of 2.41 and a beta of 1.02. The business has a fifty day simple moving average of $169.14 and a two-hundred day simple moving average of $161.85. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KEYS shares. StockNews.com raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, March 3rd. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $184.44.

About Keysight Technologies

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.