Virtu Financial LLC Purchases New Position in Keysight Technologies, Inc. (NYSE:KEYS)

Virtu Financial LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,189 shares of the scientific and technical instruments company’s stock, valued at approximately $833,000.

Several other large investors have also recently bought and sold shares of KEYS. Pathstone Holdings LLC raised its stake in Keysight Technologies by 1.6% during the 3rd quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock worth $2,791,000 after buying an additional 283 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Keysight Technologies by 2.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company’s stock worth $156,851,000 after purchasing an additional 26,421 shares during the period. Cerity Partners LLC lifted its holdings in shares of Keysight Technologies by 12.9% during the 3rd quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock valued at $1,588,000 after purchasing an additional 1,140 shares in the last quarter. Algert Global LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at approximately $727,000. Finally, Larson Financial Group LLC increased its stake in Keysight Technologies by 31.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,853 shares of the scientific and technical instruments company’s stock worth $294,000 after purchasing an additional 446 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on KEYS shares. Wells Fargo & Company upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $158.75 on Tuesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a 50 day moving average price of $166.87 and a 200 day moving average price of $162.22. The stock has a market capitalization of $27.43 billion, a PE ratio of 45.36, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.

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.