Keysight Technologies, Inc. (NYSE:KEYS) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been given an average rating of “Moderate Buy” by the nine brokerages that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $184.44.

KEYS has been the topic of several research reports. Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company increased their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, StockNews.com raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was 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 owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of Keysight Technologies

Several hedge funds and other institutional investors have recently modified their holdings of KEYS. Swedbank AB boosted its position in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after buying an additional 7,106 shares during the period. Asset Management One Co. Ltd. boosted its position in shares of Keysight Technologies by 1.7% in the third quarter. Asset Management One Co. Ltd. now owns 73,188 shares of the scientific and technical instruments company’s stock worth $11,632,000 after buying an additional 1,257 shares during the period. QRG Capital Management Inc. boosted its position in shares of Keysight Technologies by 8.7% in the third quarter. QRG Capital Management Inc. now owns 18,818 shares of the scientific and technical instruments company’s stock worth $2,991,000 after buying an additional 1,504 shares during the period. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Keysight Technologies in the third quarter worth $59,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $154.46 on Friday. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $186.20. The business has a 50-day moving average of $169.34 and a 200-day moving average of $161.90. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market capitalization of $26.71 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 2.41 and a beta of 1.02.

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.