Swiss National Bank Has $85.70 Million Stock Holdings in Keysight Technologies Inc. $KEYS

Swiss National Bank grew its stake in shares of Keysight Technologies Inc. (NYSE:KEYS) by 7.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 523,000 shares of the scientific and technical instruments company’s stock after purchasing an additional 34,500 shares during the period. Swiss National Bank owned approximately 0.30% of Keysight Technologies worth $85,699,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. True Wealth Design LLC grew its stake in 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 acquiring an additional 129 shares during the period. Accent Capital Management LLC acquired a new stake in Keysight Technologies in the 1st quarter valued at $28,000. NewSquare Capital LLC increased its stake in Keysight Technologies by 155.2% during the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 104 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new position in Keysight Technologies during the second quarter worth $34,000. Finally, Manchester Capital Management LLC raised its holdings in 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 buying an additional 108 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the completion of the transaction, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. This represents a 1.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The company has a market capitalization of $29.69 billion, a PE ratio of 55.02, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22. Keysight Technologies Inc. has a 52-week low of $121.43 and a 52-week high of $187.67. The company has a 50-day simple moving average of $173.51 and a 200 day simple moving average of $166.71.

Analyst Upgrades and Downgrades

KEYS has been the subject of several recent research reports. Citigroup assumed coverage on shares of Keysight Technologies in a research report on Friday, November 14th. They set a “buy” rating and a $215.00 target price for the company. UBS Group started coverage on Keysight Technologies in a research report on Tuesday, November 11th. They set a “buy” rating and a $220.00 target price on the stock. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 1st. Barclays cut their price objective on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $180.00 target price on shares of Keysight Technologies in a report on Friday, October 10th. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $194.33.

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.