Summit Trail Advisors LLC Increases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Summit Trail Advisors LLC raised its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 67.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,271 shares of the scientific and technical instruments company’s stock after purchasing an additional 917 shares during the period. Summit Trail Advisors LLC’s holdings in Keysight Technologies were worth $365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in KEYS. Natixis Advisors LLC lifted its position in Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after purchasing an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. grew its position in Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares in the last quarter. Vontobel Holding Ltd. increased its stake in Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after acquiring an additional 10,579 shares during the last quarter. Finally, LMR Partners LLP purchased a new stake in Keysight Technologies during the third quarter valued at approximately $14,339,000. 84.58% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other 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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock worth $5,573,941 in the last ninety days. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. Bank of America upped their price target 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, Barclays raised their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $177.82 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market capitalization of $30.75 billion, a PE ratio of 50.81, a P/E/G ratio of 2.25 and a beta of 1.02. The company has a 50 day moving average price of $167.95 and a 200-day moving average price of $157.46. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $180.26.

Keysight Technologies Company 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.