First Foundation Advisors Grows Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

First Foundation Advisors lifted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 13.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,694 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,827 shares during the quarter. First Foundation Advisors’ holdings in Keysight Technologies were worth $5,091,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Venturi Wealth Management LLC raised its stake in shares of Keysight Technologies by 100.8% in 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 position in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Keysight Technologies during the third quarter valued at approximately $120,000. Huntington National Bank raised its position in Keysight Technologies by 37.4% during the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock valued at $127,000 after acquiring an additional 216 shares in the last quarter. Finally, Principal Securities Inc. raised its position in Keysight Technologies by 45.0% during the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock valued at $134,000 after acquiring an additional 259 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Insider Transactions at Keysight Technologies

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

Keysight Technologies Stock Down 3.7 %

KEYS opened at $137.26 on Thursday. The business has a 50 day moving average price of $159.56 and a two-hundred day moving average price of $161.44. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $23.72 billion, a PE ratio of 39.22, a P/E/G ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

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.