Keysight Technologies (NYSE:KEYS) Upgraded at StockNews.com

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a research note published on Thursday.

A number of other research firms have also weighed in on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Finally, Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Price Performance

Shares of KEYS stock opened at $172.67 on Thursday. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $166.12 and a two-hundred day simple moving average of $154.39. The stock has a market capitalization of $29.90 billion, a price-to-earnings ratio of 49.33, a P/E/G ratio of 2.18 and a beta of 1.02.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the sale, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,063 shares of company stock worth $5,573,941. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently modified their holdings of KEYS. Geode Capital Management LLC raised its position in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the last quarter. Swedbank AB increased its stake in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares during the period. Fort Pitt Capital Group LLC raised its holdings in shares of Keysight Technologies by 59.1% during the third quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after purchasing an additional 254,985 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in Keysight Technologies by 506.3% during the second quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after purchasing an additional 251,274 shares during the period. Finally, Kovitz Investment Group Partners LLC lifted its position in Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares during the period. Institutional investors and hedge funds 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.