USA Financial Formulas Acquires Shares of 3,558 Keysight Technologies, Inc. (NYSE:KEYS)

USA Financial Formulas acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 3,558 shares of the scientific and technical instruments company’s stock, valued at approximately $572,000.

Several other hedge funds have also made changes to their positions in the business. Acadian Asset Management LLC acquired a new stake in shares of Keysight Technologies in the second quarter valued at approximately $758,000. Oppenheimer Asset Management Inc. raised its holdings in shares of Keysight Technologies by 11.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,771 shares of the scientific and technical instruments company’s stock valued at $1,610,000 after buying an additional 1,172 shares during the period. Dimensional Fund Advisors LP boosted its position in Keysight Technologies by 14.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock valued at $153,470,000 after buying an additional 141,062 shares during the last quarter. Edgestream Partners L.P. boosted its stake in Keysight Technologies by 974.3% during the 2nd quarter. Edgestream Partners L.P. now owns 30,262 shares of the scientific and technical instruments company’s stock valued at $4,138,000 after acquiring an additional 27,445 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Keysight Technologies during the 2nd quarter worth approximately $1,416,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of recent research reports. Robert W. Baird raised their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Bank of America raised their target price on shares of 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 lifted their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Barclays upped their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $165.55 on Thursday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The firm has a market cap of $28.67 billion, a price-to-earnings ratio of 47.30, a P/E/G ratio of 2.05 and a beta of 1.02. The stock’s fifty day moving average price is $164.72 and its two-hundred day moving average price is $152.76. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.60% of the stock is currently owned by company 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.