Parallel Advisors LLC Increases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Parallel Advisors LLC raised its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,159 shares of the scientific and technical instruments company’s stock after purchasing an additional 89 shares during the period. Parallel Advisors LLC’s holdings in Keysight Technologies were worth $347,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in Keysight Technologies in the 3rd quarter worth about $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the third quarter worth approximately $35,000. Groupama Asset Managment raised its holdings in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its position in 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 valued at $43,000 after purchasing an additional 133 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $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 available at this hyperlink. Insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 0.3 %

Shares of NYSE:KEYS opened at $154.65 on Friday. The stock has a 50 day moving average of $166.92 and a 200 day moving average of $161.95. The company has a market cap of $26.72 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KEYS shares. Wells Fargo & Company increased their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Robert W. Baird raised their price objective 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 analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.