Madison Investment Advisors LLC Acquires Shares of 548,874 Keysight Technologies, Inc. (NYSE:KEYS)

Madison Investment Advisors LLC purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 548,874 shares of the scientific and technical instruments company’s stock, valued at approximately $88,166,000. Madison Investment Advisors LLC owned approximately 0.32% of Keysight Technologies at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at about $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the 3rd quarter worth $35,000. Groupama Asset Managment grew its stake in shares of 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 worth $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC increased 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 purchasing an additional 133 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were 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 directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on KEYS. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Barclays boosted their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $149.94 on Thursday. The stock has a market capitalization of $25.93 billion, a PE ratio of 42.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock has a 50 day moving average price of $168.63 and a 200 day moving average price of $162.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.