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

Keysight Technologies, Inc. (NYSE:KEYS) has received a consensus rating of “Moderate Buy” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and nine have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $180.80.

A number of research firms have issued reports on KEYS. Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Finally, StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th.

Insider Activity at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were 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 in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 in the last 90 days. 0.60% of the stock is currently owned by company insiders.

Institutional Trading of Keysight Technologies

Institutional investors have recently made changes to their positions in the stock. Acadian Asset Management LLC acquired a new position in shares of Keysight Technologies during the 2nd quarter valued at $758,000. Oppenheimer Asset Management Inc. grew its stake in shares of Keysight Technologies by 11.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,771 shares of the scientific and technical instruments company’s stock worth $1,610,000 after purchasing an additional 1,172 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Keysight Technologies by 14.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after purchasing an additional 141,062 shares in the last quarter. Edgestream Partners L.P. grew its position in Keysight Technologies by 974.3% in the second quarter. Edgestream Partners L.P. now owns 30,262 shares of the scientific and technical instruments company’s stock worth $4,138,000 after buying an additional 27,445 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Keysight Technologies in the second quarter worth approximately $1,416,000. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $165.55 on Thursday. The company has a market cap of $28.67 billion, a price-to-earnings ratio of 47.30, a PEG ratio of 2.12 and a beta of 1.02. The firm has a 50 day moving average price of $164.72 and a 200 day moving average price of $152.76. Keysight Technologies has a 1 year low of $119.72 and a 1 year high of $175.39. 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 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.