Y Intercept Hong Kong Ltd Makes New Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Y Intercept Hong Kong Ltd acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 30,547 shares of the scientific and technical instruments company’s stock, valued at approximately $4,907,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. Swedbank AB increased its stake in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares during the period. International Assets Investment Management LLC increased its holdings in Keysight Technologies by 16,555.2% in the 3rd quarter. International Assets Investment Management LLC now owns 69,452 shares of the scientific and technical instruments company’s stock valued at $11,038,000 after buying an additional 69,035 shares during the period. Dakota Wealth Management increased its stake in Keysight Technologies by 10.4% in the third quarter. Dakota Wealth Management now owns 3,253 shares of the scientific and technical instruments company’s stock valued at $517,000 after acquiring an additional 306 shares during the last quarter. Ballentine Partners LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at $233,000. Finally, Legacy Wealth Asset Management LLC grew its position in Keysight Technologies by 45.9% in the third quarter. Legacy Wealth Asset Management LLC now owns 2,610 shares of the scientific and technical instruments company’s stock valued at $415,000 after acquiring an additional 821 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the subject of several research reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Susquehanna restated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Bank of America raised their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $182.22.

Keysight Technologies Stock Down 5.2 %

Shares of NYSE KEYS opened at $175.33 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The firm’s 50 day simple moving average is $169.77 and its two-hundred day simple moving average is $160.25. The stock has a market capitalization of $30.32 billion, a P/E ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02.

Insider Activity

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,713 shares of company stock valued at $5,513,815. 0.61% of the stock is currently owned by insiders.

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.