KBC Group NV Boosts Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

KBC Group NV lifted its stake in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,367 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,424 shares during the period. KBC Group NV’s holdings in Keysight Technologies were worth $9,696,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in KEYS. Geode Capital Management LLC raised its stake in shares of 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 acquiring an additional 323,235 shares in the last quarter. Swedbank AB grew its holdings in 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 purchasing an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC increased its position 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 in the last quarter. Kovitz Investment Group Partners LLC lifted its holdings in shares of Keysight Technologies by 27.6% during the 3rd 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 last quarter. Finally, State Street Corp boosted its position in shares of Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after purchasing an additional 194,294 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Up 0.2 %

NYSE:KEYS opened at $168.33 on Thursday. The firm has a market capitalization of $29.15 billion, a P/E ratio of 48.09, a PEG ratio of 2.18 and a beta of 1.02. The company’s fifty day moving average price is $166.84 and its 200-day moving average price is $154.99. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insiders Place Their Bets

In other news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction that occurred 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 owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now directly 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 disclosure for this sale can be found here. In the last three months, insiders have sold 33,063 shares of company stock valued at $5,573,941. Company insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on KEYS. Robert W. Baird upped 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. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, Barclays raised their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Read Our Latest Research Report on KEYS

Keysight Technologies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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