Forsta AP Fonden Increases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Forsta AP Fonden increased its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,600 shares of the scientific and technical instruments company’s stock after purchasing an additional 800 shares during the period. Forsta AP Fonden’s holdings in Keysight Technologies were worth $6,040,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies during the third quarter worth about $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at $29,000. American National Bank & Trust purchased a new stake in shares of Keysight Technologies in the 3rd quarter valued at $31,000. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the third quarter worth $35,000. Finally, Versant Capital Management Inc raised its holdings in shares of Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 4.5 %

KEYS stock opened at $178.19 on Friday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $180.26. 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 50-day simple moving average of $167.01 and a 200-day simple moving average of $155.32. The stock has a market capitalization of $30.81 billion, a P/E ratio of 50.91, a P/E/G ratio of 2.13 and a beta of 1.02.

Analyst Ratings Changes

A number of equities analysts have weighed in on KEYS shares. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Morgan Stanley boosted 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. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. Bank of America lifted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company 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.