Nisa Investment Advisors LLC Raises Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Nisa Investment Advisors LLC increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,622 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,170 shares during the period. Nisa Investment Advisors LLC’s holdings in Keysight Technologies were worth $7,489,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Truvestments Capital LLC purchased a new stake in Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the third quarter valued at approximately $29,000. American National Bank & Trust bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $31,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the third quarter worth about $35,000. Finally, Groupama Asset Managment increased its holdings in Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

KEYS stock opened at $172.67 on Friday. The company has a fifty day simple moving average of $166.12 and a two-hundred day simple moving average of $154.26. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $29.90 billion, a P/E ratio of 49.33, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s 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 owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,063 shares of company stock worth $5,573,941. Corporate insiders own 0.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Barclays increased their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on 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 boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

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.