Generali Asset Management SPA SGR Invests $1.35 Million in Keysight Technologies, Inc. (NYSE:KEYS)

Generali Asset Management SPA SGR purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 8,422 shares of the scientific and technical instruments company’s stock, valued at approximately $1,353,000.

A number of other hedge funds also recently modified their holdings of the business. State Street Corp raised its position in shares of 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 worth $1,248,773,000 after purchasing an additional 194,294 shares during the period. Swedbank AB raised its position in shares of 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 worth $702,671,000 after purchasing an additional 292,372 shares during the period. Geode Capital Management LLC raised its position in shares of 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 worth $697,411,000 after purchasing an additional 323,235 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Keysight Technologies by 2.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company’s stock worth $163,148,000 after purchasing an additional 28,754 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its position in shares of 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 worth $158,692,000 after purchasing an additional 216,564 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on 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 lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 11th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. One 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, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insider Transactions at Keysight Technologies

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

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $155.16 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. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a 50 day moving average of $167.05 and a 200-day moving average of $161.95. The company has a market capitalization of $26.81 billion, a P/E ratio of 44.33, a P/E/G ratio of 2.41 and a beta of 1.10.

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.