Keysight Technologies (NYSE:KEYS) Upgraded by StockNews.com to “Buy” Rating

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a report issued on Saturday morning.

Other analysts have also recently issued research reports about the stock. Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $182.22.

Keysight Technologies Trading Down 1.3 %

KEYS stock opened at $173.19 on Friday. The company has a market capitalization of $29.95 billion, a PE ratio of 49.48, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. Keysight Technologies has a one year low of $119.72 and a one year high of $186.20. The company’s 50 day moving average price is $169.82 and its two-hundred day moving average price is $160.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the transaction, the senior vice president now directly owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,713 shares of company stock worth $5,513,815. Corporate insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Large investors have recently modified their holdings of the stock. Natixis Advisors LLC raised its position in shares of Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. raised its position in shares of Keysight Technologies by 28.7% in the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after purchasing an additional 3,857 shares during the last quarter. Finally, LMR Partners LLP purchased a new position in shares of Keysight Technologies in the 3rd quarter worth about $14,339,000. Hedge funds and other institutional investors own 84.58% 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.