Union Bancaire Privee UBP SA Purchases Shares of 15,649 Keysight Technologies, Inc. (NYSE:KEYS)

Union Bancaire Privee UBP SA bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 15,649 shares of the scientific and technical instruments company’s stock, valued at approximately $2,549,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter worth about $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the 3rd quarter valued at $29,000. American National Bank & Trust bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $31,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the third quarter worth $35,000. Finally, Versant Capital Management Inc raised its stake in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at $6,151,725.60. The trade was a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock worth $5,573,941 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS opened at $168.86 on Tuesday. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The firm’s fifty day simple moving average is $166.47 and its two-hundred day simple moving average is $154.71. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The stock has a market capitalization of $29.24 billion, a P/E ratio of 48.24, a price-to-earnings-growth ratio of 2.18 and a beta of 1.02.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Morgan Stanley increased their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Bank of America boosted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Robert W. Baird raised their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

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.