Torray Investment Partners LLC Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

Torray Investment Partners LLC boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 15.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 82,945 shares of the scientific and technical instruments company’s stock after acquiring an additional 11,020 shares during the period. Keysight Technologies accounts for 1.9% of Torray Investment Partners LLC’s portfolio, making the stock its 22nd largest holding. Torray Investment Partners LLC’s holdings in Keysight Technologies were worth $13,323,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of KEYS. State Street Corp boosted its holdings in shares of Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares during the last quarter. Swedbank AB lifted its position 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 buying an additional 292,372 shares in the last quarter. Geode Capital Management LLC boosted its stake in Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after buying an additional 323,235 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Keysight Technologies by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock valued at $163,148,000 after buying an additional 28,754 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after acquiring an additional 216,564 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on KEYS shares. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Morgan Stanley boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Buying and Selling

In related news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Stock Down 2.3 %

Shares of NYSE KEYS opened at $155.85 on Tuesday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm has a 50-day simple moving average of $169.84 and a two-hundred day simple moving average of $161.65. The company has a market cap of $26.95 billion, a P/E ratio of 44.53, a PEG ratio of 2.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

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.