Jump Financial LLC acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,742 shares of the scientific and technical instruments company’s stock, valued at approximately $1,565,000.
Several other large investors also recently bought and sold shares of KEYS. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Keysight Technologies in the fourth quarter valued at approximately $4,056,000. Canada Post Corp Registered Pension Plan purchased a new stake in Keysight Technologies in the 4th quarter valued at approximately $394,000. Mariner LLC lifted its stake in Keysight Technologies by 18.9% in the 4th quarter. Mariner LLC now owns 34,662 shares of the scientific and technical instruments company’s stock valued at $5,568,000 after buying an additional 5,508 shares in the last quarter. Synovus Financial Corp acquired a new stake in Keysight Technologies during the 4th quarter valued at $200,000. Finally, Townsquare Capital LLC increased its position in Keysight Technologies by 15.7% during the fourth quarter. Townsquare Capital LLC now owns 3,983 shares of the scientific and technical instruments company’s stock worth $640,000 after buying an additional 539 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Wall Street Analysts Forecast Growth
KEYS has been the topic of several recent research reports. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Wells Fargo & Company upped their target price 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. JPMorgan Chase & Co. cut their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research report on Thursday. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One equities research 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 $181.33.
Keysight Technologies Stock Performance
Shares of KEYS stock opened at $135.51 on Friday. 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 firm has a market capitalization of $23.42 billion, a price-to-earnings ratio of 38.72, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The company has a 50 day moving average price of $153.76 and a 200 day moving average price of $160.41.
Insider Activity
In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction on 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 owns 115,063 shares in the company, valued at approximately $17,834,765. This trade 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 can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.
About Keysight Technologies
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.
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