Pictet Asset Management Holding SA Has $17.14 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Pictet Asset Management Holding SA grew its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 106,700 shares of the scientific and technical instruments company’s stock after purchasing an additional 9,306 shares during the quarter. Pictet Asset Management Holding SA owned about 0.06% of Keysight Technologies worth $17,139,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Nomura Asset Management Co. Ltd. raised its holdings in shares of Keysight Technologies by 0.7% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 51,264 shares of the scientific and technical instruments company’s stock valued at $8,235,000 after purchasing an additional 343 shares during the period. Norges Bank acquired a new position in Keysight Technologies during the fourth quarter worth approximately $320,707,000. AssuredPartners Investment Advisors LLC bought a new stake in Keysight Technologies in the fourth quarter valued at approximately $1,959,000. NEOS Investment Management LLC lifted its position in shares of Keysight Technologies by 25.6% in the fourth quarter. NEOS Investment Management LLC now owns 6,075 shares of the scientific and technical instruments company’s stock valued at $976,000 after buying an additional 1,238 shares during the last quarter. Finally, UniSuper Management Pty Ltd boosted its stake in shares of Keysight Technologies by 0.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 254,274 shares of the scientific and technical instruments company’s stock worth $40,844,000 after acquiring an additional 2,005 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.61% of the stock is owned by company insiders.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $149.93 on Wednesday. The firm has a market cap of $25.91 billion, a PE ratio of 42.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The stock’s fifty day moving average price is $165.33 and its two-hundred day moving average price is $162.48. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20.

Wall Street Analysts Forecast Growth

A number of research firms have commented on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Robert W. Baird raised their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.