Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Mendel Money Management

Mendel Money Management raised its position in Keysight Technologies, Inc. (NYSE:KEYS) by 38.3% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,934 shares of the scientific and technical instruments company’s stock after purchasing an additional 4,409 shares during the period. Mendel Money Management’s holdings in Keysight Technologies were worth $2,559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Truvestments Capital LLC acquired a new position in Keysight Technologies during the third quarter worth $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the third quarter valued at $29,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter worth about $35,000. Groupama Asset Managment grew its position in Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC raised its holdings in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $158.31 on Wednesday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a fifty day moving average price of $166.75 and a two-hundred day moving average price of $162.33. The firm has a market cap of $27.36 billion, a P/E ratio of 45.23, a PEG ratio of 2.41 and a beta of 1.10.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.61% of the company’s stock.

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.