Daiwa Securities Group Inc. Raises Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Daiwa Securities Group Inc. raised its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 21.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,478 shares of the scientific and technical instruments company’s stock after buying an additional 4,432 shares during the period. Daiwa Securities Group Inc.’s holdings in Keysight Technologies were worth $4,049,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of KEYS. Ferguson Wellman Capital Management Inc. lifted its position in Keysight Technologies by 0.6% during the second quarter. Ferguson Wellman Capital Management Inc. now owns 12,700 shares of the scientific and technical instruments company’s stock valued at $1,737,000 after purchasing an additional 73 shares in the last quarter. Wedmont Private Capital boosted its position in shares of Keysight Technologies by 2.8% during the second quarter. Wedmont Private Capital now owns 2,754 shares of the scientific and technical instruments company’s stock worth $391,000 after acquiring an additional 74 shares during the last quarter. Cromwell Holdings LLC grew its position in shares of Keysight Technologies by 15.9% during the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after purchasing an additional 75 shares in the last quarter. Allworth Financial LP increased its stake in Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock worth $317,000 after acquiring an additional 75 shares during the last quarter. Finally, Diversified LLC raised its stake in Keysight Technologies by 3.6% during the second quarter. Diversified LLC now owns 2,259 shares of the scientific and technical instruments company’s stock valued at $309,000 after purchasing an additional 78 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $171.90 on Wednesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The company has a market capitalization of $29.83 billion, a PE ratio of 49.11, a price-to-earnings-growth ratio of 2.27 and a beta of 0.98. The stock’s fifty day moving average is $157.00 and its two-hundred day moving average is $146.49. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of research reports. Susquehanna restated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Wells Fargo & Company restated an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

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.