Ameritas Advisory Services LLC bought a new stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 536 shares of the scientific and technical instruments company’s stock, valued at approximately $88,000.
Several other institutional investors also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD lifted its position in Keysight Technologies by 16.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company’s stock valued at $2,814,195,000 after purchasing an additional 2,675,148 shares during the last quarter. Victory Capital Management Inc. lifted its position in Keysight Technologies by 1,224.5% during the first quarter. Victory Capital Management Inc. now owns 1,991,884 shares of the scientific and technical instruments company’s stock valued at $298,324,000 after purchasing an additional 1,841,494 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Keysight Technologies by 310.2% during the second quarter. Assenagon Asset Management S.A. now owns 415,782 shares of the scientific and technical instruments company’s stock valued at $68,130,000 after purchasing an additional 314,420 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its position in Keysight Technologies by 49.4% during the first quarter. ANTIPODES PARTNERS Ltd now owns 935,490 shares of the scientific and technical instruments company’s stock valued at $140,120,000 after purchasing an additional 309,345 shares during the last quarter. Finally, Boston Partners lifted its position in Keysight Technologies by 7.7% during the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company’s stock valued at $636,854,000 after purchasing an additional 305,143 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.
Keysight Technologies Trading Down 6.8%
Shares of KEYS opened at $159.39 on Friday. Keysight Technologies Inc. has a 1-year low of $121.43 and a 1-year high of $186.20. The company has a 50-day moving average of $168.39 and a 200 day moving average of $159.54. The firm has a market capitalization of $27.39 billion, a price-to-earnings ratio of 50.76, a PEG ratio of 2.38 and a beta of 1.18. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94.
Analysts Set New Price Targets
Several research firms have commented on KEYS. Morgan Stanley reiterated an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a research report on Friday. Barclays lowered their price objective 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Keysight Technologies in a research report on Wednesday. Wall Street Zen lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Finally, Bank of America raised their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the stock a “neutral” rating in a report on Wednesday, August 20th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $187.38.
View Our Latest Report on Keysight Technologies
Insider Buying and Selling
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 transaction 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. This trade represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.61% of the company’s stock.
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.
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