Stifel Financial Corp boosted its position in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) by 18.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 38,009 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,832 shares during the quarter. Stifel Financial Corp’s holdings in Keysight Technologies were worth $6,041,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently bought and sold shares of the company. Investment Management Corp of Ontario boosted its holdings in Keysight Technologies by 45.3% during the third quarter. Investment Management Corp of Ontario now owns 5,776 shares of the scientific and technical instruments company’s stock valued at $918,000 after acquiring an additional 1,800 shares during the period. Ascent Group LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at approximately $1,491,000. Benjamin Edwards Inc. grew its holdings in Keysight Technologies by 5,597.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 7,464 shares of the scientific and technical instruments company’s stock valued at $1,186,000 after buying an additional 7,333 shares during the last quarter. Erste Asset Management GmbH bought a new position in Keysight Technologies in the 3rd quarter worth approximately $29,000. Finally, Verition Fund Management LLC lifted its holdings in shares of Keysight Technologies by 106.0% during the third quarter. Verition Fund Management LLC now owns 39,738 shares of the scientific and technical instruments company’s stock worth $6,316,000 after buying an additional 20,448 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on KEYS shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research report on Wednesday, August 21st. Bank of America upped their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Barclays lifted 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. Morgan Stanley upped their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.30.
Keysight Technologies Stock Performance
Shares of NYSE:KEYS opened at $166.50 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The business’s fifty day moving average price is $161.32 and its two-hundred day moving average price is $148.49. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The stock has a market capitalization of $28.89 billion, a price-to-earnings ratio of 47.57, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00.
Insider Activity
In related news, VP Lisa M. Poole sold 350 shares of the 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 sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at $6,151,725.60. This represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,063 shares of company stock worth $4,603,201. Corporate insiders own 0.60% of the company’s stock.
Keysight Technologies 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.
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