Freestone Grove Partners LP Acquires Shares of 1,995 Keysight Technologies, Inc. (NYSE:KEYS)

Freestone Grove Partners LP purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,995 shares of the scientific and technical instruments company’s stock, valued at approximately $320,000.

A number of other institutional investors have also recently modified their holdings of the business. Venturi Wealth Management LLC grew its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the period. Versant Capital Management Inc increased its position in shares of 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 buying an additional 158 shares in the last quarter. Quarry LP raised its stake in shares of Keysight Technologies by 188.1% during the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock worth $70,000 after buying an additional 284 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies during the 3rd quarter worth $120,000. Finally, Huntington National Bank boosted its position in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after buying an additional 216 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $148.38 on Monday. The company has a market cap of $25.64 billion, a P/E ratio of 42.39, a P/E/G ratio of 2.41 and a beta of 1.10. The firm’s 50 day moving average is $146.18 and its two-hundred day moving average is $159.37. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two 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.

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on KEYS shares. JPMorgan Chase & Co. cut their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. 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. Finally, StockNews.com downgraded Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $181.33.

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.