Korea Investment CORP Purchases 6,220 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Korea Investment CORP lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 102,474 shares of the scientific and technical instruments company’s stock after purchasing an additional 6,220 shares during the quarter. Korea Investment CORP’s holdings in Keysight Technologies were worth $16,460,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of KEYS. Erste Asset Management GmbH bought a new position in Keysight Technologies during the 3rd quarter worth about $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies during the third quarter worth about $35,000. Groupama Asset Managment raised its position in Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 9,437 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after acquiring an additional 158 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies 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 transaction of $970,740.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KEYS. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Finally, Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $184.44.

Keysight Technologies Trading Down 3.1 %

Shares of NYSE:KEYS opened at $150.40 on Friday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. 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 $25.99 billion, a P/E ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a 50-day simple moving average of $166.07 and a 200 day simple moving average of $162.38.

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.