iSAM Funds UK Ltd Invests $460,000 in Keysight Technologies, Inc. (NYSE:KEYS)

iSAM Funds UK Ltd acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,863 shares of the scientific and technical instruments company’s stock, valued at approximately $460,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its stake in shares of Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after acquiring an additional 61 shares during the period. Caprock Group LLC grew its position in Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares during the period. Signaturefd LLC grew its position in Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after buying an additional 66 shares during the period. OLD National Bancorp IN grew its position in Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after buying an additional 68 shares during the period. Finally, Citizens Financial Group Inc. RI grew its position in Keysight Technologies by 5.1% during the fourth quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company’s stock valued at $262,000 after buying an additional 79 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

KEYS opened at $162.29 on Wednesday. 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 $28.05 billion, a price-to-earnings ratio of 46.37, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The firm’s fifty day simple moving average is $147.01 and its two-hundred day simple moving average is $159.63.

Analyst Ratings Changes

Several analysts recently commented on KEYS shares. Morgan Stanley raised their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. dropped their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research report on Thursday, April 17th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $181.33.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This trade represents a 3.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.61% of the company’s stock.

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.