Vanguard Group Inc. Grows Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Vanguard Group Inc. increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,873,635 shares of the scientific and technical instruments company’s stock after purchasing an additional 55,223 shares during the period. Vanguard Group Inc. owned 0.12% of Keysight Technologies worth $3,352,932,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of KEYS. Pathstone Holdings LLC lifted its position in shares of Keysight Technologies by 1.6% in the third quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock valued at $2,791,000 after acquiring an additional 283 shares in the last quarter. Cerity Partners LLC lifted its holdings in Keysight Technologies by 12.9% in the 3rd quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock valued at $1,588,000 after purchasing an additional 1,140 shares in the last quarter. Algert Global LLC purchased a new position in Keysight Technologies in the 3rd quarter valued at $727,000. Larson Financial Group LLC boosted its stake in Keysight Technologies by 31.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,853 shares of the scientific and technical instruments company’s stock worth $294,000 after purchasing an additional 446 shares during the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Keysight Technologies by 21.1% during the third quarter. Daiwa Securities Group Inc. now owns 25,478 shares of the scientific and technical instruments company’s stock worth $4,049,000 after buying an additional 4,432 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. 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.

Analyst Ratings Changes

Several equities analysts have recently weighed in on KEYS shares. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Price Performance

NYSE:KEYS opened at $158.31 on Wednesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock’s fifty day moving average is $166.75 and its two-hundred day moving average is $162.33. The company has a market capitalization of $27.36 billion, a P/E ratio of 45.23, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.