First Horizon Advisors Inc. Purchases 199 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

First Horizon Advisors Inc. grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 11.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,997 shares of the scientific and technical instruments company’s stock after buying an additional 199 shares during the period. First Horizon Advisors Inc.’s holdings in Keysight Technologies were worth $321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of KEYS. Caprock Group LLC increased its position in Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock valued at $502,000 after buying an additional 66 shares in the last quarter. OLD National Bancorp IN increased its holdings in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock valued at $340,000 after acquiring an additional 68 shares in the last quarter. RMR Wealth Builders raised its position in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock valued at $417,000 after purchasing an additional 70 shares during the last quarter. Allworth Financial LP raised its position in shares of Keysight Technologies by 3.9% in the 3rd quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 75 shares during the last quarter. Finally, Wedmont Private Capital boosted its stake in Keysight Technologies by 3.8% in the 4th quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after purchasing an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $171.99 on Wednesday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market cap of $29.74 billion, a PE ratio of 49.14, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The business has a 50-day simple moving average of $169.93 and a 200-day simple moving average of $160.95.

Insider Buying and Selling 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 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. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP John Page sold 3,884 shares of Keysight Technologies stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $658,959.44. Following the completion of the transaction, the senior vice president now owns 37,081 shares of the company’s stock, valued at approximately $6,291,162.46. This represents a 9.48 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,118 shares of company stock valued at $5,411,891. 0.61% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. Robert W. Baird raised their target price 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 boosted their price target on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $182.22.

About Keysight Technologies

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.