Keysight Technologies (NYSE:KEYS) Downgraded to Buy Rating by StockNews.com

StockNews.com lowered shares of Keysight Technologies (NYSE:KEYS) from a strong-buy rating to a buy rating in a research note published on Tuesday morning.

A number of other equities research analysts also recently weighed in on the company. Barclays upped their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Morgan Stanley increased their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $149.91 on Tuesday. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $186.20. The firm has a market capitalization of $25.92 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business has a 50 day simple moving average of $168.84 and a 200 day simple moving average of $162.15. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds have recently bought and sold shares of KEYS. Swedbank AB boosted its holdings in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares during the period. Principal Financial Group Inc. boosted its holdings in Keysight Technologies by 2.7% during the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company’s stock valued at $38,099,000 after acquiring an additional 6,241 shares during the period. Apollon Wealth Management LLC boosted its holdings in Keysight Technologies by 117.5% during the third quarter. Apollon Wealth Management LLC now owns 4,479 shares of the scientific and technical instruments company’s stock valued at $712,000 after acquiring an additional 2,420 shares during the period. Finally, Entropy Technologies LP bought a new stake in Keysight Technologies during the third quarter valued at about $3,349,000. 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.