Lake Street Advisors Group LLC Acquires Shares of 1,249 Keysight Technologies, Inc. (NYSE:KEYS)

Lake Street Advisors Group LLC acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,249 shares of the scientific and technical instruments company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Caprock Group LLC lifted its position in 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 purchasing an additional 66 shares during the last quarter. OLD National Bancorp IN raised its holdings in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after acquiring an additional 68 shares in the last quarter. RMR Wealth Builders raised its holdings in shares of Keysight Technologies by 2.8% during the fourth 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 raised its holdings in shares of Keysight Technologies by 3.8% during the fourth 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 in the last quarter. Finally, Hunter Associates Investment Management LLC raised its holdings in shares of Keysight Technologies by 6.9% during the fourth quarter. Hunter Associates Investment Management LLC now owns 1,465 shares of the scientific and technical instruments company’s stock valued at $235,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Up 0.9 %

NYSE KEYS opened at $159.61 on Friday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a market cap of $27.60 billion, a P/E ratio of 45.60, a P/E/G ratio of 2.41 and a beta of 1.02. The stock’s fifty day moving average price is $169.91 and its 200-day moving average price is $160.93. 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 other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,118 shares of company stock valued at $5,411,891. Insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent analyst reports. Bank of America upped their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Barclays upped their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Susquehanna restated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. 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. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target 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.