Congress Wealth Management LLC DE Has $489,000 Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Congress Wealth Management LLC DE boosted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 6.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,043 shares of the scientific and technical instruments company’s stock after acquiring an additional 173 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Keysight Technologies were worth $489,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Cerity Partners LLC grew its holdings in shares of Keysight Technologies by 12.9% during the 3rd quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock valued at $1,588,000 after purchasing an additional 1,140 shares during the last quarter. Algert Global LLC bought a new stake in shares of Keysight Technologies during the third quarter worth $727,000. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at $28,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Keysight Technologies by 1.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 107,592 shares of the scientific and technical instruments company’s stock valued at $17,100,000 after acquiring an additional 2,013 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in Keysight Technologies during the 3rd quarter worth $85,000. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Robert W. Baird boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Trading Down 3.1 %

NYSE:KEYS opened at $150.40 on Friday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. 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 firm’s fifty day moving average is $166.07 and its 200-day moving average is $162.27. The firm has a market cap of $25.99 billion, a P/E ratio of 42.97, a P/E/G ratio of 2.41 and a beta of 1.10.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies 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 completion of the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.61% of the company’s stock.

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.