Forsta AP Fonden Increases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Forsta AP Fonden increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,600 shares of the scientific and technical instruments company’s stock after purchasing an additional 800 shares during the period. Forsta AP Fonden’s holdings in Keysight Technologies were worth $6,040,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Swedbank AB increased its position in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC raised its stake in shares of Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after acquiring an additional 254,985 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in shares of Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after acquiring an additional 216,564 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after purchasing an additional 194,294 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on KEYS shares. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Robert W. Baird raised their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, Barclays upped their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Price Performance

Shares of KEYS opened at $178.19 on Friday. The firm has a market capitalization of $30.81 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 2.13 and a beta of 1.02. The firm’s fifty day simple moving average is $167.01 and its 200-day simple moving average is $155.32. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $180.26. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock worth $5,573,941 over the last ninety days. Corporate insiders own 0.60% 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.