Keysight Technologies, Inc. (NYSE:KEYS) Short Interest Update

Keysight Technologies, Inc. (NYSE:KEYS) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,050,000 shares, a decrease of 19.9% from the February 28th total of 2,560,000 shares. Based on an average daily volume of 1,050,000 shares, the days-to-cover ratio is presently 2.0 days. Currently, 1.2% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on KEYS. Robert W. Baird lifted 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. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Price Performance

NYSE KEYS opened at $150.40 on Monday. 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 has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a 50 day simple moving average of $166.07 and a 200-day simple moving average of $162.48. The firm has a market capitalization of $25.99 billion, a price-to-earnings ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Hedge Funds Weigh In On Keysight Technologies

A number of hedge funds have recently added to or reduced their stakes in KEYS. Vanguard Group Inc. increased its stake in shares of Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock worth $3,352,932,000 after purchasing an additional 55,223 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock worth $2,588,546,000 after buying an additional 3,621,349 shares during the last quarter. State Street Corp raised its holdings in Keysight Technologies by 2.5% during the third 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 buying an additional 194,294 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its position in shares of Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock worth $747,301,000 after buying an additional 3,650,953 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after acquiring an additional 17,213 shares in the last quarter. Institutional investors and hedge funds own 84.58% 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.