Brooklyn FI LLC Makes New $3.32 Million Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Brooklyn FI LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,608 shares of the scientific and technical instruments company’s stock, valued at approximately $3,322,000.

Several other large investors have also recently modified their holdings of the stock. Swedbank AB increased its stake 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 worth $702,671,000 after purchasing an additional 292,372 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Keysight Technologies by 2.3% during the third quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company’s stock valued at $22,372,000 after purchasing an additional 3,174 shares during the period. Empowered Funds LLC grew its holdings in shares of Keysight Technologies by 12.1% in the third quarter. Empowered Funds LLC now owns 8,222 shares of the scientific and technical instruments company’s stock worth $1,307,000 after purchasing an additional 885 shares during the last quarter. Natixis Advisors LLC increased its stake in shares of Keysight Technologies by 8.7% in the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after buying an additional 14,185 shares during the period. Finally, Swiss National Bank raised its holdings in Keysight Technologies by 0.3% during the 3rd quarter. Swiss National Bank now owns 518,000 shares of the scientific and technical instruments company’s stock valued at $82,326,000 after buying an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.61% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on KEYS. Deutsche Bank Aktiengesellschaft raised their price target 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. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 11th. Barclays lifted their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Down 1.1 %

Shares of NYSE:KEYS opened at $152.60 on Wednesday. The firm has a market capitalization of $26.37 billion, a P/E ratio of 43.60, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a 50 day moving average price of $167.43 and a 200-day moving average price of $162.04. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

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.