Keysight Technologies (NYSE:KEYS) Stock Rating Upgraded by StockNews.com

Keysight Technologies (NYSE:KEYS) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other brokerages also recently weighed in on KEYS. Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Bank of America increased their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Morgan Stanley increased their price target on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Down 0.3 %

NYSE:KEYS opened at $172.67 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market capitalization of $29.90 billion, a price-to-earnings ratio of 49.33, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02. Keysight Technologies has a one year low of $119.72 and a one year high of $175.39. The stock has a 50-day simple moving average of $166.12 and a 200 day simple moving average of $154.26.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on 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 represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were 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 owns 116,582 shares in the company, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Willis Investment Counsel boosted its holdings in Keysight Technologies by 2.9% during the fourth quarter. Willis Investment Counsel now owns 75,611 shares of the scientific and technical instruments company’s stock worth $12,145,000 after buying an additional 2,125 shares during the last quarter. CENTRAL TRUST Co raised its position in shares of Keysight Technologies by 4.6% in the 4th quarter. CENTRAL TRUST Co now owns 2,908 shares of the scientific and technical instruments company’s stock valued at $467,000 after acquiring an additional 129 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its stake in Keysight Technologies by 8.4% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,343 shares of the scientific and technical instruments company’s stock worth $858,000 after acquiring an additional 415 shares during the last quarter. Caprock Group LLC increased its stake in Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after purchasing an additional 66 shares in the last quarter. Finally, Hunter Associates Investment Management LLC raised its holdings in Keysight Technologies by 6.9% in the fourth quarter. Hunter Associates Investment Management LLC now owns 1,465 shares of the scientific and technical instruments company’s stock worth $235,000 after purchasing an additional 95 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

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.