SBI Securities Co. Ltd. Invests $890,000 in Keysight Technologies, Inc. (NYSE:KEYS)

SBI Securities Co. Ltd. bought a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,539 shares of the scientific and technical instruments company’s stock, valued at approximately $890,000.

A number of other institutional investors have also recently added to or reduced their stakes in KEYS. Swedbank AB lifted its position in shares of Keysight Technologies by 7.1% during the third 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 in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Keysight Technologies by 23.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock worth $1,547,000 after buying an additional 1,866 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after buying an additional 7,106 shares in the last quarter. Forum Financial Management LP purchased a new position in Keysight Technologies in the 3rd quarter valued at about $222,000. Finally, Asset Management One Co. Ltd. grew its stake in shares of Keysight Technologies by 1.7% during the third quarter. Asset Management One Co. Ltd. now owns 73,188 shares of the scientific and technical instruments company’s stock valued at $11,632,000 after acquiring an additional 1,257 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Price Performance

Shares of KEYS opened at $155.85 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market cap of $26.95 billion, a P/E ratio of 44.53, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a fifty day moving average price of $169.84 and a 200 day moving average price of $161.65.

Analyst Ratings Changes

KEYS has been the topic of several recent analyst reports. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. 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 research report on Wednesday, November 20th. Bank of America upped their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Wells Fargo & Company raised their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies 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 directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at $5,267,113.04. The trade was a 12.59 % decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by company insiders.

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.