1,440 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Mystic Asset Management Inc.

Mystic Asset Management Inc. purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,440 shares of the scientific and technical instruments company’s stock, valued at approximately $231,000.

Other institutional investors also recently added to or reduced their stakes in the company. Natixis Advisors LLC lifted its stake in Keysight Technologies by 8.7% in the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after acquiring an additional 14,185 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock worth $8,896,000 after purchasing an additional 1,755 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after purchasing an additional 3,857 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings in Keysight Technologies by 8.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock worth $4,448,000 after purchasing an additional 2,260 shares in the last quarter. Finally, Portfolio Design Labs LLC raised its holdings in Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock worth $2,498,000 after purchasing an additional 2,336 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $152.60 on Wednesday. The firm’s fifty day simple moving average is $167.43 and its 200-day simple moving average is $162.04. The stock has a market capitalization of $26.37 billion, a price-to-earnings ratio of 43.60, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research analyst reports. Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Barclays raised their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction 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 directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is currently owned by corporate insiders.

About Keysight Technologies

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.