Commonwealth Equity Services LLC Buys 2,114 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Commonwealth Equity Services LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 10.1% during the 4th quarter, Holdings Channel reports. The firm owned 23,100 shares of the scientific and technical instruments company’s stock after acquiring 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 institutional investors also recently bought and sold shares of KEYS. EverSource Wealth Advisors LLC grew its position in shares of Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after buying an additional 61 shares in the last quarter. Caprock Group LLC grew its holdings in Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after acquiring an additional 66 shares in the last quarter. OLD National Bancorp IN increased its position in Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 68 shares during the period. RMR Wealth Builders raised its holdings in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its position in shares of Keysight Technologies by 5.1% in the 4th quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company’s stock worth $262,000 after purchasing an additional 79 shares during the period. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated 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 sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird raised 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. Finally, StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $158.75 on Tuesday. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm has a market capitalization of $27.43 billion, a price-to-earnings ratio of 45.36, a PEG ratio of 2.41 and a beta of 1.10. The stock’s 50-day simple moving average is $166.87 and its 200-day simple moving average is $162.22.

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.