Sagespring Wealth Partners LLC increased its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 16.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,676 shares of the scientific and technical instruments company’s stock after buying an additional 237 shares during the period. Sagespring Wealth Partners LLC’s holdings in Keysight Technologies were worth $275,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Summit Financial LLC boosted its holdings in Keysight Technologies by 2.2% in the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company’s stock worth $519,000 after buying an additional 73 shares during the period. Private Trust Co. NA boosted its holdings in shares of Keysight Technologies by 39.9% during 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 purchasing an additional 75 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Keysight Technologies by 9.1% during the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company’s stock valued at $146,000 after purchasing an additional 76 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in shares of Keysight Technologies by 2.4% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 3,466 shares of the scientific and technical instruments company’s stock valued at $579,000 after purchasing an additional 80 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Keysight Technologies by 49.1% during the 2nd quarter. IFP Advisors Inc now owns 246 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.
Keysight Technologies Stock Down 0.1%
Shares of NYSE KEYS opened at $162.30 on Friday. The firm’s 50-day moving average price is $168.55 and its 200-day moving average price is $159.99. The company has a current ratio of 3.59, a quick ratio of 2.94 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $27.89 billion, a price-to-earnings ratio of 51.69, a P/E/G ratio of 2.26 and a beta of 1.18. Keysight Technologies Inc. has a 12-month low of $121.43 and a 12-month high of $186.20.
Insiders Place Their Bets
In related news, SVP Ingrid A. Estrada sold 2,000 shares of the 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 sale, the senior vice president directly owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
KEYS has been the subject of several research reports. Morgan Stanley reissued an “equal weight” rating and set a $180.00 price objective on shares of Keysight Technologies in a report on Friday, October 10th. Barclays dropped their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a report on Wednesday, August 20th. Wall Street Zen raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, Bank of America increased their price objective on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a report on Wednesday, August 20th. Six equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $187.38.
Read Our Latest Stock Analysis on KEYS
Keysight Technologies Company 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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