HighTower Advisors LLC Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

HighTower Advisors LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 1.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,385 shares of the scientific and technical instruments company’s stock after purchasing an additional 165 shares during the period. HighTower Advisors LLC’s holdings in Keysight Technologies were worth $2,150,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of KEYS. Swedbank AB grew its position 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. Pathstone Holdings LLC grew its position in Keysight Technologies by 1.6% during the 3rd quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock worth $2,791,000 after purchasing an additional 283 shares during the last quarter. Caprock Group LLC boosted its holdings in shares of Keysight Technologies by 10.2% in the 3rd quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock valued at $486,000 after acquiring an additional 284 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Keysight Technologies by 0.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock valued at $8,522,000 after acquiring an additional 187 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Keysight Technologies by 6.8% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,798 shares of the scientific and technical instruments company’s stock valued at $286,000 after acquiring an additional 114 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction 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. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by company insiders.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $154.65 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The business has a 50-day moving average price of $166.92 and a 200 day moving average price of $162.05. The firm has a market cap of $26.72 billion, a PE ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Robert W. Baird upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

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.