First Foundation Advisors Increases Stake in Keysight Technologies, Inc. (NYSE:KEYS)

First Foundation Advisors raised its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 13.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,694 shares of the scientific and technical instruments company’s stock after buying an additional 3,827 shares during the quarter. First Foundation Advisors’ holdings in Keysight Technologies were worth $5,091,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after buying an additional 61 shares during the last quarter. Caprock Group LLC raised its holdings in shares of Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after acquiring an additional 66 shares during the last quarter. Signaturefd LLC raised its holdings in shares of Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock valued at $387,000 after acquiring an additional 66 shares during the last quarter. OLD National Bancorp IN raised its holdings in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after acquiring an additional 68 shares during the last quarter. Finally, RMR Wealth Builders increased its holdings in shares of Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 3.7 %

NYSE KEYS opened at $137.26 on Thursday. The firm’s 50 day moving average price is $159.56 and its two-hundred day moving average price is $161.44. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The stock has a market cap of $23.72 billion, a price-to-earnings ratio of 39.22, a PEG ratio of 2.41 and a beta of 1.12.

Wall Street Analysts Forecast Growth

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

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.61% of the company’s stock.

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.