OLD National Bancorp IN increased its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 13.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,168 shares of the scientific and technical instruments company’s stock after purchasing an additional 262 shares during the quarter. OLD National Bancorp IN’s holdings in Keysight Technologies were worth $355,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Accent Capital Management LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at about $28,000. Manchester Capital Management LLC increased its position in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 108 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in Keysight Technologies in the 1st quarter valued at about $36,000. WPG Advisers LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at about $39,000. Finally, Private Trust Co. NA increased its position in Keysight Technologies by 39.9% in the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Keysight Technologies Stock Down 1.8%
Shares of NYSE KEYS opened at $170.19 on Wednesday. The stock has a market cap of $29.25 billion, a P/E ratio of 54.20, a P/E/G ratio of 2.42 and a beta of 1.18. The firm has a 50 day moving average price of $168.14 and a 200 day moving average price of $159.36. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $186.20.
Insiders Place Their Bets
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.61% of the company’s stock.
Analysts Set New Price Targets
KEYS has been the subject of several research reports. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Bank of America lifted their price target on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 20th. Barclays lowered their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research report on Saturday, September 27th. Seven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $187.38.
Get Our Latest Stock Report on Keysight Technologies
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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