Harvest Fund Management Co. Ltd Invests $390,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Harvest Fund Management Co. Ltd acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,428 shares of the scientific and technical instruments company’s stock, valued at approximately $390,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies during the third quarter valued at $35,000. Venturi Wealth Management LLC grew its position in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the period. Finally, Versant Capital Management Inc grew its position in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 158 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $154.65 on Friday. The company’s 50-day moving average price is $166.92 and its 200-day moving average price is $161.95. 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 market cap of $26.72 billion, a P/E ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated 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 of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company raised their price target on shares of 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 shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

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.