Lecap Asset Management Ltd. Purchases New Shares in Keysight Technologies, Inc. (NYSE:KEYS)

Lecap Asset Management Ltd. acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 9,165 shares of the scientific and technical instruments company’s stock, valued at approximately $1,472,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Natixis Advisors LLC raised its position in shares of Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after acquiring an additional 7,106 shares in the last quarter. Speece Thorson Capital Group Inc. boosted its stake in Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock valued at $12,814,000 after acquiring an additional 17,962 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Keysight Technologies by 1.0% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after acquiring an additional 10,579 shares in the last quarter. Finally, LMR Partners LLP bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $14,339,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, 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 transaction, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, 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 owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 33,063 shares of company stock worth $5,573,941. Insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Up 0.1 %

KEYS stock opened at $177.66 on Friday. The stock has a market cap of $30.72 billion, a PE ratio of 50.76, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. The firm’s 50-day simple moving average is $167.55 and its 200 day simple moving average is $156.25. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $180.26. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Robert W. Baird lifted their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, Bank of America raised their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $180.80.

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.