Lake Street Advisors Group LLC Invests $201,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Lake Street Advisors Group LLC purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,249 shares of the scientific and technical instruments company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds also recently made changes to their positions in KEYS. Swedbank AB grew its stake in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Keysight Technologies by 23.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock worth $1,547,000 after purchasing an additional 1,866 shares during the period. Stephens Investment Management Group LLC boosted its stake in Keysight Technologies by 10.1% in the 3rd quarter. Stephens Investment Management Group LLC now owns 69,010 shares of the scientific and technical instruments company’s stock worth $10,968,000 after purchasing an additional 6,343 shares during the period. F M Investments LLC bought a new position in Keysight Technologies in the 3rd quarter worth about $1,993,000. Finally, Invesco LLC bought a new position in Keysight Technologies in the 3rd quarter worth about $212,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS opened at $159.61 on Friday. The company has a market cap of $27.60 billion, a PE ratio of 45.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The stock has a 50-day moving average price of $169.91 and a 200-day moving average price of $160.93.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP John Page sold 3,884 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $658,959.44. Following the completion of the sale, the senior vice president now owns 37,081 shares of the company’s stock, valued at $6,291,162.46. The trade was a 9.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,118 shares of company stock worth $5,411,891 in the last quarter. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on KEYS. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna restated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 22nd. Finally, Robert W. Baird lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company 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.