Royal London Asset Management Ltd. Raises Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Royal London Asset Management Ltd. lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,253 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,085 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Keysight Technologies were worth $11,927,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its holdings in shares of Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after purchasing an additional 61 shares in the last quarter. Caprock Group LLC boosted its stake in Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after buying an additional 66 shares in the last quarter. Signaturefd LLC boosted its stake in Keysight Technologies by 2.8% in the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 66 shares in the last quarter. OLD National Bancorp IN boosted its stake in Keysight Technologies by 3.3% in the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after buying an additional 68 shares in the last quarter. Finally, RMR Wealth Builders boosted its stake in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after buying an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $154.65 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The company has a market cap of $26.72 billion, a PE ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10. The business has a 50 day moving average of $166.92 and a 200 day moving average of $162.05. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

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.