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

Keysight Technologies (NYSE:KEYS) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday.

KEYS has been the topic of a number of other research reports. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Down 0.3 %

KEYS opened at $154.65 on Friday. The business’s 50-day simple moving average is $166.92 and its 200-day simple moving average is $161.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The stock has a market capitalization of $26.72 billion, a P/E ratio of 44.18, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies 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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of KEYS. Kovitz Investment Group Partners LLC lifted its stake in Keysight Technologies by 364.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock valued at $747,301,000 after buying an additional 3,650,953 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock valued at $2,588,546,000 after buying an additional 3,621,349 shares in the last quarter. Norges Bank purchased a new stake in Keysight Technologies in the 4th quarter valued at approximately $320,707,000. Point72 Asset Management L.P. lifted its stake in Keysight Technologies by 343.6% in the 4th quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company’s stock valued at $161,946,000 after buying an additional 780,893 shares in the last quarter. Finally, Boston Partners lifted its stake in shares of Keysight Technologies by 21.7% during the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after purchasing an additional 704,920 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.

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.