Glenview Trust co increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 16.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,043 shares of the scientific and technical instruments company’s stock after purchasing an additional 438 shares during the quarter. Glenview Trust co’s holdings in Keysight Technologies were worth $489,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in the stock. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the third quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the third quarter valued at approximately $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the third quarter valued at approximately $35,000. Venturi Wealth Management LLC lifted its stake 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 acquiring an additional 133 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after acquiring an additional 158 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on KEYS. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 11th. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Bank of America boosted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.
Keysight Technologies Trading Up 1.5 %
Shares of KEYS stock opened at $154.29 on Tuesday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm’s fifty day simple moving average is $167.70 and its 200 day simple moving average is $162.05. The firm has a market capitalization of $26.66 billion, a P/E ratio of 44.08, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. 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
In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction 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. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.61% of the stock is currently owned by insiders.
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.
Recommended Stories
- Five stocks we like better than Keysight Technologies
- What is Insider Trading? What You Can Learn from Insider Trading
- Can TikTok Stock Picks Really Make You Rich?
- Market Cap Calculator: How to Calculate Market Cap
- The “Quality” Rotation: Back to Basics Investing
- Learn Technical Analysis Skills to Master the Stock Market
- Occidental Petroleum: 4 Reasons to Love These Prices
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies, Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.