RBO & Co. LLC Increases Stake in Keysight Technologies Inc. $KEYS

RBO & Co. LLC raised its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS) by 8.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 73,824 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,629 shares during the quarter. Keysight Technologies comprises approximately 1.9% of RBO & Co. LLC’s holdings, making the stock its 26th biggest position. RBO & Co. LLC’s holdings in Keysight Technologies were worth $12,097,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KEYS. True Wealth Design LLC raised its position in shares of Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares during the period. Accent Capital Management LLC bought a new position in Keysight Technologies in the 1st quarter worth approximately $28,000. NewSquare Capital LLC grew its stake in Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after buying an additional 104 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Keysight Technologies during the 2nd quarter valued at $34,000. Finally, Manchester Capital Management LLC lifted its position in shares of 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 acquiring an additional 108 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on KEYS shares. Jefferies Financial Group initiated coverage on Keysight Technologies in a research report on Monday, October 27th. They issued a “hold” rating and a $180.00 price target for the company. UBS Group initiated coverage on Keysight Technologies in a report on Tuesday, November 11th. They set a “buy” rating and a $220.00 target price for the company. Bank of America upped their price target on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Barclays cut 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. Finally, Citigroup initiated coverage on shares of Keysight Technologies in a report on Friday, November 14th. They set a “buy” rating and a $215.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $194.33.

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 transaction of $347,960.00. Following the completion of the sale, the senior vice president directly owned 106,590 shares in the company, valued at $18,544,528.20. The trade was a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $172.77 on Friday. The stock has a market cap of $29.69 billion, a P/E ratio of 55.02, a PEG ratio of 2.38 and a beta of 1.22. 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 moving average price is $173.51 and its two-hundred day moving average price is $166.71. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $187.67.

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.