Moors & Cabot Inc. Purchases 150 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Moors & Cabot Inc. grew its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,635 shares of the scientific and technical instruments company’s stock after buying an additional 150 shares during the period. Moors & Cabot Inc.’s holdings in Keysight Technologies were worth $1,226,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of 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 purchasing an additional 194,294 shares during the last quarter. Swedbank AB boosted its stake in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after purchasing an additional 292,372 shares during the period. Geode Capital Management LLC boosted its stake in Keysight Technologies by 7.9% in the 3rd 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 purchasing an additional 323,235 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Keysight Technologies by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock valued at $163,148,000 after acquiring an additional 28,754 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its holdings in 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 valued at $158,692,000 after acquiring an additional 216,564 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Morgan Stanley increased their price target on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Performance

Shares of KEYS opened at $147.87 on Friday. 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 business’s 50 day moving average price is $168.41 and its 200-day moving average price is $162.03. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock has a market cap of $25.55 billion, a P/E ratio of 42.25, a P/E/G ratio of 2.41 and a beta of 1.10.

Insider Buying and Selling

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on 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 sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.61% of the stock is owned by company insiders.

Keysight Technologies Company 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.