Archford Capital Strategies LLC Grows Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Archford Capital Strategies LLC boosted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 4.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,764 shares of the scientific and technical instruments company’s stock after acquiring an additional 123 shares during the period. Archford Capital Strategies LLC’s holdings in Keysight Technologies were worth $444,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in KEYS. Geode Capital Management LLC lifted its stake in shares of Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Swedbank AB raised its holdings in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after buying an additional 292,372 shares during the period. Fort Pitt Capital Group LLC lifted its position in Keysight Technologies by 59.1% in the third quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after buying an additional 254,985 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its stake in Keysight Technologies by 27.6% during the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after buying an additional 216,564 shares during the period. Finally, State Street Corp increased its position in shares of Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after acquiring an additional 194,294 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Barclays upped their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. 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 note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday. One analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $172.67 on Monday. The business has a 50-day simple moving average of $166.12 and a 200-day simple moving average of $154.51. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a market cap of $29.90 billion, a PE ratio of 49.33, a P/E/G ratio of 2.18 and a beta of 1.02.

Insider Buying and Selling

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 over the last 90 days. 0.60% of the stock is 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.