Keysight Technologies (NYSE:KEYS) Cut to “Buy” at StockNews.com

StockNews.com downgraded shares of Keysight Technologies (NYSE:KEYS) from a strong-buy rating to a buy rating in a report released on Saturday morning.

Several other analysts have also recently issued reports on the company. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Trading Up 2.7 %

Shares of KEYS stock opened at $158.75 on Friday. The stock’s 50-day moving average price is $166.87 and its 200-day moving average price is $162.22. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $186.20. The stock has a market capitalization of $27.43 billion, a price-to-earnings ratio of 45.36, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. 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 Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction 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 completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.61% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Swedbank AB lifted its holdings in Keysight Technologies by 7.1% during 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 in the last quarter. Pathstone Holdings LLC raised its stake in shares of Keysight Technologies by 1.6% during the third quarter. Pathstone Holdings LLC now owns 17,561 shares of the scientific and technical instruments company’s stock valued at $2,791,000 after acquiring an additional 283 shares in the last quarter. Caprock Group LLC raised its stake in shares of Keysight Technologies by 10.2% during the third quarter. Caprock Group LLC now owns 3,061 shares of the scientific and technical instruments company’s stock valued at $486,000 after acquiring an additional 284 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Keysight Technologies by 0.3% in the third quarter. PNC Financial Services Group Inc. now owns 53,624 shares of the scientific and technical instruments company’s stock valued at $8,522,000 after purchasing an additional 187 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in Keysight Technologies by 6.8% in the third quarter. First Horizon Advisors Inc. now owns 1,798 shares of the scientific and technical instruments company’s stock worth $286,000 after purchasing an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

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.