Toronto Dominion Bank Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

Toronto Dominion Bank increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 92,842 shares of the scientific and technical instruments company’s stock after acquiring an additional 225 shares during the quarter. Toronto Dominion Bank’s holdings in Keysight Technologies were worth $14,913,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KEYS. Sequoia Financial Advisors LLC boosted its holdings in shares of Keysight Technologies by 8.9% during the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock valued at $4,448,000 after purchasing an additional 2,260 shares during the last quarter. Geode Capital Management LLC lifted its position 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 worth $708,349,000 after buying an additional 17,213 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock valued at $8,896,000 after buying an additional 1,755 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after buying an additional 3,857 shares in the last quarter. Finally, Portfolio Design Labs LLC increased its stake in Keysight Technologies by 17.7% in the 4th quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock worth $2,498,000 after acquiring an additional 2,336 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Trading Down 1.6%

Shares of KEYS opened at $162.76 on Tuesday. The company’s fifty day simple moving average is $146.72 and its 200-day simple moving average is $159.62. The company has a market cap of $28.13 billion, a P/E ratio of 46.50, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

Insider Activity at Keysight Technologies

In other Keysight Technologies 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 transaction, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. JPMorgan Chase & Co. lowered their target price on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company increased their price objective 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. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. Morgan Stanley upped their target price 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. Finally, StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $181.33.

Keysight Technologies 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.