Huntington National Bank Grows Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Huntington National Bank raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 37.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 793 shares of the scientific and technical instruments company’s stock after buying an additional 216 shares during the period. Huntington National Bank’s holdings in Keysight Technologies were worth $127,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of KEYS. Norges Bank acquired a new position in shares of Keysight Technologies during the 4th quarter worth approximately $320,707,000. Boston Partners raised its holdings in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after acquiring an additional 704,920 shares during the last quarter. Madison Investment Advisors LLC purchased a new stake in shares of Keysight Technologies in the fourth quarter valued at $88,166,000. Los Angeles Capital Management LLC increased its position in Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock worth $108,244,000 after purchasing an additional 517,267 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd raised its stake in Keysight Technologies by 282.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock valued at $100,586,000 after purchasing an additional 462,403 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 news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.61% of the stock is owned by company insiders.

Keysight Technologies Stock Down 6.6 %

Shares of NYSE KEYS opened at $126.76 on Monday. The stock has a market capitalization of $21.91 billion, a PE ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a fifty day moving average of $163.25 and a 200-day moving average of $162.23. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

Analysts Set New Price Targets

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