Allianz SE Invests $1.44 Million in Keysight Technologies, Inc. (NYSE:KEYS)

Allianz SE bought a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,934 shares of the scientific and technical instruments company’s stock, valued at approximately $1,440,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Allstate Corp purchased a new stake in shares of Keysight Technologies in the fourth quarter worth about $813,000. DnB Asset Management AS raised its holdings in shares of Keysight Technologies by 2.8% during the 4th quarter. DnB Asset Management AS now owns 32,915 shares of the scientific and technical instruments company’s stock worth $5,287,000 after acquiring an additional 906 shares in the last quarter. Orion Portfolio Solutions LLC boosted its position in shares of Keysight Technologies by 15.6% during the 4th quarter. Orion Portfolio Solutions LLC now owns 23,397 shares of the scientific and technical instruments company’s stock valued at $3,758,000 after acquiring an additional 3,164 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Keysight Technologies by 9.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 106,700 shares of the scientific and technical instruments company’s stock valued at $17,139,000 after purchasing an additional 9,306 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its stake in Keysight Technologies by 0.7% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 51,264 shares of the scientific and technical instruments company’s stock valued at $8,235,000 after purchasing an additional 343 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Trading Down 3.1 %

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 market capitalization of $25.99 billion, a P/E ratio of 42.97, a PEG ratio of 2.41 and a beta of 1.10. The stock’s fifty day moving average is $166.07 and its two-hundred day moving average is $162.38. 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

KEYS has been the topic of a number of research reports. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Wells Fargo & Company raised their price target 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 shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Robert W. Baird lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $184.44.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of 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 the SEC website. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies 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.