Groupama Asset Managment Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

Groupama Asset Managment raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 76.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,753 shares of the scientific and technical instruments company’s stock after buying an additional 9,437 shares during the quarter. Groupama Asset Managment’s holdings in Keysight Technologies were worth $35,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in KEYS. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies in the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the 3rd quarter valued at $29,000. Family Firm Inc. bought a new stake in Keysight Technologies during the 2nd quarter valued at $30,000. Finally, American National Bank & Trust bought a new stake in Keysight Technologies during the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of research analyst reports. StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. Susquehanna reaffirmed a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Barclays lifted their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Stock Up 0.5 %

Shares of KEYS stock opened at $172.54 on Tuesday. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The stock’s fifty day moving average price is $160.32 and its 200 day moving average price is $147.83. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market cap of $29.94 billion, a price-to-earnings ratio of 49.30, a price-to-earnings-growth ratio of 2.20 and a beta of 1.00.

Insider Buying and Selling

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. The trade was a 1.63 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,063 shares of company stock worth $4,603,201 in the last ninety days. 0.60% of the stock is owned by insiders.

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.