Thoroughbred Financial Services LLC Boosts Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Thoroughbred Financial Services LLC grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 6.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 2,195 shares of the scientific and technical instruments company’s stock after acquiring an additional 136 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Keysight Technologies were worth $352,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Goodman Advisory Group LLC purchased a new stake in shares of Keysight Technologies during the third quarter worth about $35,000. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at about $120,000. Finally, Huntington National Bank boosted its stake in shares of Keysight Technologies by 37.4% in the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after buying an additional 216 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on KEYS shares. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $126.76 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a market capitalization of $21.91 billion, a PE ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The company has a fifty day moving average of $163.25 and a two-hundred day moving average of $162.23.

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.