Paralel Advisors LLC Has $2.58 Million Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Paralel Advisors LLC increased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 16,053 shares of the scientific and technical instruments company’s stock after buying an additional 1,456 shares during the quarter. Paralel Advisors LLC’s holdings in Keysight Technologies were worth $2,579,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Keysight Technologies by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after purchasing an additional 55,223 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Keysight Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after purchasing an additional 17,213 shares during the last quarter. Boston Partners grew its stake in shares of Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after purchasing an additional 704,920 shares during the last quarter. Invesco Ltd. grew its stake in shares of Keysight Technologies by 2.1% during the fourth quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company’s stock valued at $356,607,000 after purchasing an additional 45,867 shares during the last quarter. Finally, Norges Bank acquired a new position in Keysight Technologies in the fourth quarter valued at approximately $320,707,000. 84.58% of the stock is owned by institutional investors.

Insider Buying and Selling

In related 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 transaction, the chief financial officer now owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

KEYS traded down $7.72 during midday trading on Thursday, reaching $134.78. The company had a trading volume of 30,840 shares, compared to its average volume of 1,155,618. The business has a 50-day moving average price of $159.56 and a two-hundred day moving average price of $161.44. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month 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 stock has a market cap of $23.29 billion, a PE ratio of 38.57, a P/E/G ratio of 2.41 and a beta of 1.12.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Robert W. Baird increased their target price 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. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One 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 an average rating of “Moderate Buy” and a consensus price target 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.