Keysight Technologies (NYSE:KEYS) Rating Increased to Buy at StockNews.com

Keysight Technologies (NYSE:KEYS) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other analysts have also recently issued reports on KEYS. Bank of America lifted their price objective on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Barclays raised their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Up 0.2 %

KEYS stock traded up $0.29 during midday trading on Thursday, reaching $173.01. The company had a trading volume of 651,934 shares, compared to its average volume of 727,481. The company has a 50 day moving average of $165.27 and a two-hundred day moving average of $153.89. The company has a market capitalization of $29.96 billion, a P/E ratio of 49.43, a PEG ratio of 2.16 and a beta of 1.02. Keysight Technologies has a 1 year low of $119.72 and a 1 year high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,063 shares of company stock worth $5,573,941. Company insiders own 0.60% of the company’s stock.

Institutional Trading of Keysight Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new position in Keysight Technologies during the third quarter worth $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $29,000. American National Bank & Trust acquired a new stake in shares of Keysight Technologies during the 3rd quarter worth about $31,000. Goodman Advisory Group LLC bought a new position in Keysight Technologies during the 3rd quarter valued at about $35,000. Finally, Groupama Asset Managment boosted its position in Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 9,437 shares in the last quarter. Institutional investors own 84.58% 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.