Jones Financial Companies Lllp Purchases 16,237 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Jones Financial Companies Lllp lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 44.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,646 shares of the scientific and technical instruments company’s stock after purchasing an additional 16,237 shares during the period. Jones Financial Companies Lllp’s holdings in Keysight Technologies were worth $8,457,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in KEYS. Caprock Group LLC boosted its position in shares of Keysight Technologies by 2.2% in the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after acquiring an additional 66 shares during the period. OLD National Bancorp IN increased its stake in Keysight Technologies by 3.3% during the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after acquiring an additional 68 shares during the period. RMR Wealth Builders raised its holdings in Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after acquiring an additional 70 shares in the last quarter. Wedmont Private Capital lifted its position in shares of Keysight Technologies by 3.8% during the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock valued at $392,000 after acquiring an additional 88 shares during the period. Finally, Argonautica Private Wealth Management Inc. increased its position in shares of Keysight Technologies by 1.1% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock worth $1,307,000 after purchasing an additional 91 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $155.85 on Tuesday. The business’s 50-day moving average price is $169.84 and its 200-day moving average price is $161.65. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. 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 has a market capitalization of $26.95 billion, a price-to-earnings ratio of 44.53, a PEG ratio of 2.41 and a beta of 1.02.

Insider Buying and Selling

In other news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’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 value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised 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. Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, Morgan Stanley boosted their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies 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.