2,624 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC bought a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,624 shares of the scientific and technical instruments company’s stock, valued at approximately $421,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after acquiring an additional 55,223 shares during the period. Geode Capital Management LLC grew its holdings in shares of Keysight Technologies by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after purchasing an additional 17,213 shares in the last quarter. Boston Partners increased its stake in Keysight Technologies by 21.7% during the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after buying an additional 704,920 shares during the period. Invesco Ltd. lifted its holdings in Keysight Technologies by 2.1% during the 4th quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company’s stock worth $356,607,000 after buying an additional 45,867 shares in the last quarter. Finally, Norges Bank purchased a new position in Keysight Technologies in the 4th quarter valued at approximately $320,707,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of KEYS opened at $136.94 on Wednesday. The firm has a fifty day moving average price of $156.21 and a 200 day moving average price of $160.85. The stock has a market cap of $23.67 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on KEYS. Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Wells Fargo & Company raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the firm’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 transaction, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.61% of the company’s stock.

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.