1,973 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Tumwater Wealth Management LLC

Tumwater Wealth Management LLC acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 1,973 shares of the scientific and technical instruments company’s stock, valued at approximately $317,000. Keysight Technologies accounts for about 0.2% of Tumwater Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC acquired a new position in Keysight Technologies in the third quarter valued at about $28,000. Erste Asset Management GmbH acquired a new position in Keysight Technologies in the third quarter valued at about $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies in the third quarter valued at about $35,000. Venturi Wealth Management LLC grew its stake in 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 during the period. Finally, Versant Capital Management Inc grew its stake in 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 during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

KEYS opened at $152.11 on Friday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The firm has a market capitalization of $26.29 billion, a PE ratio of 43.46, a PEG ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The business’s 50-day simple moving average is $167.92 and its 200 day simple moving average is $161.98.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Bank of America upped their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Barclays upped their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s 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 sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.61% of the stock is currently owned by corporate insiders.

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.