Commonwealth Equity Services LLC Increases Position in Keysight Technologies, Inc. (NYSE:KEYS)

Commonwealth Equity Services LLC lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 10.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,100 shares of the scientific and technical instruments company’s stock after buying an additional 2,114 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Keysight Technologies were worth $3,711,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ grew its holdings in Keysight Technologies by 10.1% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 303,539 shares of the scientific and technical instruments company’s stock valued at $48,921,000 after buying an additional 27,832 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its stake in Keysight Technologies by 282.4% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock valued at $100,586,000 after acquiring an additional 462,403 shares in the last quarter. Vestcor Inc increased its holdings in Keysight Technologies by 34.1% in the 4th quarter. Vestcor Inc now owns 8,909 shares of the scientific and technical instruments company’s stock valued at $1,431,000 after acquiring an additional 2,264 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Keysight Technologies by 607.4% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 43,959 shares of the scientific and technical instruments company’s stock worth $7,061,000 after purchasing an additional 37,745 shares in the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Keysight Technologies by 5.0% during the 4th quarter. Avantax Advisory Services Inc. now owns 5,722 shares of the scientific and technical instruments company’s stock valued at $919,000 after purchasing an additional 272 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $158.75 on Tuesday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average price of $166.87 and a 200-day moving average price of $162.22. The firm has a market capitalization of $27.43 billion, a PE ratio of 45.36, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, JPMorgan Chase & Co. raised shares of 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 analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’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 transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. 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 corporate insiders.

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.