Venturi Wealth Management LLC Acquires 133 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Venturi Wealth Management LLC lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 100.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 265 shares of the scientific and technical instruments company’s stock after buying an additional 133 shares during the quarter. Venturi Wealth Management LLC’s holdings in Keysight Technologies were worth $43,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. State Street Corp raised its holdings in shares of Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after buying an additional 194,294 shares during the last quarter. Swedbank AB raised its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Geode Capital Management LLC raised its holdings in 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. Kovitz Investment Group Partners LLC raised its holdings in Keysight Technologies by 27.6% during 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 purchasing an additional 216,564 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Keysight Technologies by 2.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company’s stock worth $156,851,000 after purchasing an additional 26,421 shares during the last quarter. 84.58% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on KEYS. Bank of America boosted 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 reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday. Barclays upped their price target 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, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $182.22.

Insider Buying and Selling

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 32,118 shares of company stock valued at $5,411,891. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

NYSE KEYS opened at $171.99 on Wednesday. The business has a 50 day simple moving average of $169.93 and a 200 day simple moving average of $160.95. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. 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 stock has a market cap of $29.74 billion, a price-to-earnings ratio of 49.14, a PEG ratio of 2.41 and a beta of 1.02.

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.