Everhart Financial Group Inc. Purchases 312 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Everhart Financial Group Inc. lifted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 22.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,721 shares of the scientific and technical instruments company’s stock after acquiring an additional 312 shares during the quarter. Everhart Financial Group Inc.’s holdings in Keysight Technologies were worth $276,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC boosted its position in Keysight Technologies by 3,570.5% during the third quarter. Exchange Traded Concepts LLC now owns 1,615 shares of the scientific and technical instruments company’s stock valued at $257,000 after purchasing an additional 1,571 shares in the last quarter. Creative Planning boosted its holdings in shares of Keysight Technologies by 11.4% in the 3rd quarter. Creative Planning now owns 20,874 shares of the scientific and technical instruments company’s stock valued at $3,318,000 after buying an additional 2,138 shares in the last quarter. Swedbank AB grew its position in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of Keysight Technologies by 4.0% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 3,708 shares of the scientific and technical instruments company’s stock worth $589,000 after acquiring an additional 144 shares in the last quarter. Finally, Capital Investment Advisors LLC purchased a new stake in Keysight Technologies during the third quarter valued at approximately $207,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $183.40 on Tuesday. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $184.35. The company has a market capitalization of $31.71 billion, a P/E ratio of 52.40, a P/E/G ratio of 2.25 and a beta of 1.02. 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 business’s 50 day moving average is $168.60 and its two-hundred day moving average is $158.57.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley upped their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America upped their price objective 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. Finally, StockNews.com cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Insiders Place Their Bets

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their position. 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. Company insiders own 0.61% of the company’s stock.

About Keysight Technologies

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.