Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 8.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,694 shares of the scientific and technical instruments company’s stock after acquiring an additional 2,260 shares during the period. Sequoia Financial Advisors LLC’s holdings in Keysight Technologies were worth $4,448,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Los Angeles Capital Management LLC lifted its position in Keysight Technologies by 330.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after buying an additional 517,267 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Keysight Technologies during the fourth quarter valued at approximately $58,367,000. Geode Capital Management LLC lifted its position 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 in the last quarter. Swedbank AB lifted its position in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after buying an additional 216,564 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Down 1.4 %

Shares of NYSE:KEYS opened at $147.87 on Friday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $168.41 and a 200 day simple moving average of $162.03. The firm has a market cap of $25.55 billion, a PE ratio of 42.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price target 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. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Finally, Bank of America lifted their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

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.