AssuredPartners Investment Advisors LLC Invests $1.96 Million in Keysight Technologies, Inc. (NYSE:KEYS)

AssuredPartners Investment Advisors LLC purchased a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,196 shares of the scientific and technical instruments company’s stock, valued at approximately $1,959,000.

Other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in Keysight Technologies in the 3rd quarter worth about $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the third quarter valued at approximately $29,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the third quarter worth approximately $35,000. Venturi Wealth Management LLC grew its position in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares during the period. Finally, Versant Capital Management Inc raised its stake in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 1.3 %

Shares of KEYS stock opened at $156.47 on Thursday. 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, Inc. has a one year low of $119.72 and a one year high of $186.20. The company’s fifty day moving average price is $166.57 and its 200-day moving average price is $162.29. The company has a market capitalization of $27.04 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 2.41 and a beta of 1.10.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. upgraded 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 research note on Monday, December 16th. Wells Fargo & Company upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Robert W. Baird upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

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.