Keysight Technologies, Inc. (NYSE:KEYS) Given Average Rating of “Moderate Buy” by Brokerages

Keysight Technologies, Inc. (NYSE:KEYS) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $184.44.

Several analysts have recently weighed in on KEYS shares. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Finally, Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th.

Keysight Technologies Price Performance

KEYS opened at $149.91 on Friday. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market cap of $25.92 billion, a price-to-earnings ratio of 42.83, a PEG ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $168.84 and a 200 day simple moving average of $162.15.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred 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 completion of the transaction, 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 legal filing with the SEC, which is available at this link. 0.61% of the stock is owned by insiders.

Institutional Trading of Keysight Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in KEYS. Kovitz Investment Group Partners LLC boosted its position in Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock valued at $747,301,000 after purchasing an additional 3,650,953 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in shares of Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock valued at $2,588,546,000 after acquiring an additional 3,621,349 shares during the period. Norges Bank bought a new position in shares of Keysight Technologies during the fourth quarter worth about $320,707,000. Point72 Asset Management L.P. increased its holdings in shares of Keysight Technologies by 343.6% in the 4th quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company’s stock worth $161,946,000 after acquiring an additional 780,893 shares during the period. Finally, Boston Partners lifted its position in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after purchasing an additional 704,920 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.