Lmcg Investments LLC lessened its stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,194 shares of the scientific and technical instruments company’s stock after selling 661 shares during the quarter. Lmcg Investments LLC’s holdings in Keysight Technologies were worth $7,405,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Accent Capital Management LLC bought a new stake in shares of Keysight Technologies in the first quarter valued at $28,000. Manchester Capital Management LLC grew its position in Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in Keysight Technologies during the first quarter worth about $36,000. IFP Advisors Inc grew its position in Keysight Technologies by 49.1% during the second quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock worth $40,000 after buying an additional 81 shares in the last quarter. Finally, WPG Advisers LLC purchased a new position in shares of Keysight Technologies in the 1st quarter worth about $39,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Keysight Technologies Price Performance
NYSE:KEYS opened at $159.39 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.59 and a debt-to-equity ratio of 0.45. The business’s 50-day simple moving average is $168.39 and its two-hundred day simple moving average is $159.54. The stock has a market cap of $27.39 billion, a PE ratio of 50.76, a P/E/G ratio of 2.38 and a beta of 1.18. Keysight Technologies Inc. has a 52 week low of $121.43 and a 52 week high of $186.20.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently issued reports on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Friday. JPMorgan Chase & Co. upped their price target on Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Bank of America upped their target price on Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Barclays reduced their target price on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $187.38.
View Our Latest Report on Keysight Technologies
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the completion of the sale, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.61% of the stock is currently owned by 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.
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