DKM Wealth Management Inc. Acquires New Shares in Keysight Technologies, Inc. (NYSE:KEYS)

DKM Wealth Management Inc. bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,448 shares of the scientific and technical instruments company’s stock, valued at approximately $233,000.

Several other institutional investors also recently modified their holdings of KEYS. Erste Asset Management GmbH bought a new position in Keysight Technologies during the 3rd quarter worth approximately $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the third quarter worth $35,000. Venturi Wealth Management LLC boosted its position in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Versant Capital Management Inc boosted its position in shares of Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at $120,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Trading Up 0.1 %

NYSE:KEYS opened at $149.93 on Wednesday. The company has a market cap of $25.91 billion, a P/E ratio of 42.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The business has a 50 day moving average price of $165.33 and a two-hundred day moving average price of $162.48. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.