Keysight Technologies (NYSE:KEYS) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a research report sent to investors on Friday.

A number of other equities analysts have also weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research 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. Bank of America raised their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $162.91 on Friday. 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 fifty day simple moving average of $162.46 and a two-hundred day simple moving average of $150.08. The firm has a market capitalization of $28.21 billion, a PE ratio of 46.55, a price-to-earnings-growth ratio of 2.12 and a beta of 1.00. Keysight Technologies has a 12 month low of $119.72 and a 12 month high of $175.39.

Insider Buying and Selling at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 27,063 shares of company stock valued at $4,603,201. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. HB Wealth Management LLC grew its stake in Keysight Technologies by 3.4% in the 2nd quarter. HB Wealth Management LLC now owns 2,804 shares of the scientific and technical instruments company’s stock valued at $383,000 after acquiring an additional 92 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Keysight Technologies by 28.2% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 245,069 shares of the scientific and technical instruments company’s stock valued at $33,513,000 after acquiring an additional 53,975 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Keysight Technologies in the second quarter valued at approximately $57,000. Hantz Financial Services Inc. acquired a new stake in shares of Keysight Technologies in the second quarter worth approximately $8,908,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Keysight Technologies during the second quarter worth approximately $58,000. 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.