Lester Murray Antman dba SimplyRich Increases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Lester Murray Antman dba SimplyRich grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 5.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,382 shares of the scientific and technical instruments company’s stock after buying an additional 133 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in Keysight Technologies were worth $382,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. State Street Corp lifted its stake in shares of Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares during the period. Swedbank AB raised its holdings in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares in the last quarter. Geode Capital Management LLC lifted its position in Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after buying an additional 323,235 shares during the period. Vontobel Holding Ltd. boosted its holdings in shares of Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after buying an additional 10,579 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC grew its position in shares of Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after buying an additional 216,564 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 0.4 %

Shares of Keysight Technologies stock opened at $176.50 on Wednesday. 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 stock has a market cap of $30.52 billion, a price-to-earnings ratio of 50.43, a PEG ratio of 2.25 and a beta of 1.02. The firm’s 50-day moving average is $167.84 and its two-hundred day moving average is $157.32. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $180.26.

Insider Activity

In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 33,063 shares of company stock worth $5,573,941. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KEYS. Susquehanna reaffirmed a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley lifted 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. Bank of America upped their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock 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.