Magnetar Financial LLC Buys Shares of 1,734 Keysight Technologies, Inc. (NYSE:KEYS)

Magnetar Financial LLC bought a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 1,734 shares of the scientific and technical instruments company’s stock, valued at approximately $279,000.

Several other large investors also recently bought and sold shares of KEYS. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies in the third quarter valued at $29,000. Goodman Advisory Group LLC purchased a new stake in shares of Keysight Technologies in the third quarter valued at $35,000. Venturi Wealth Management LLC lifted its position in shares of Keysight Technologies by 100.8% in 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 acquiring an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after acquiring an additional 158 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $154.65 on Monday. The stock’s 50-day moving average is $166.92 and its 200-day moving average is $162.14. The company has a market cap of $26.72 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20.

Insider Transactions at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’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 transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on KEYS shares. StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price 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.