Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,830 shares of the scientific and technical instruments company’s stock, valued at approximately $294,000.
Several other hedge funds have also added to or reduced their stakes in the business. State Street Corp raised its stake in Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after buying an additional 194,294 shares during the period. Swedbank AB raised its stake in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the period. Geode Capital Management LLC raised its stake in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Keysight Technologies by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock worth $163,148,000 after buying an additional 28,754 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its stake in Keysight Technologies by 27.6% during 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 and hedge funds own 84.58% of the company’s stock.
Insider Activity
In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value 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. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is owned by corporate insiders.
Keysight Technologies Price Performance
Wall Street Analysts Forecast Growth
Several brokerages recently commented on KEYS. Morgan Stanley raised their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Susquehanna reissued a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $184.44.
Check Out Our Latest Stock Analysis on KEYS
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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