Peloton Wealth Strategists Has $834,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Peloton Wealth Strategists boosted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,195 shares of the scientific and technical instruments company’s stock after purchasing an additional 350 shares during the period. Peloton Wealth Strategists’ holdings in Keysight Technologies were worth $834,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new position in Keysight Technologies during the third quarter valued at about $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the third quarter valued at about $29,000. Goodman Advisory Group LLC bought a new position in Keysight Technologies during the third quarter valued at about $35,000. Groupama Asset Managment raised its holdings in Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 9,437 shares in the last quarter. Finally, Venturi Wealth Management LLC raised its holdings in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Trading Down 1.2 %

Shares of KEYS opened at $158.38 on Friday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. 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 firm has a market capitalization of $27.38 billion, a price-to-earnings ratio of 45.25, a P/E/G ratio of 2.41 and a beta of 1.02. The stock’s 50-day moving average price is $169.91 and its 200 day moving average price is $160.93.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Bank of America lifted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP John Page sold 3,884 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $658,959.44. Following the sale, the senior vice president now directly owns 37,081 shares in the company, valued at $6,291,162.46. The trade was a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,118 shares of company stock worth $5,411,891 over the last three months. Company insiders own 0.61% of the company’s stock.

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.