Keysight Technologies, Inc. (NYSE:KEYS) Holdings Lifted by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,440 shares of the scientific and technical instruments company’s stock after purchasing an additional 304 shares during the period. Concurrent Investment Advisors LLC’s holdings in Keysight Technologies were worth $1,356,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp grew its position in Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after purchasing an additional 194,294 shares during the last quarter. Swedbank AB grew its position in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after purchasing an additional 292,372 shares during the last quarter. Geode Capital Management LLC grew its position in Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Kovitz Investment Group Partners LLC grew its position in Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after purchasing an additional 216,564 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Keysight Technologies by 2.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 986,921 shares of the scientific and technical instruments company’s stock worth $156,851,000 after purchasing an additional 26,421 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 5.2 %

Shares of NYSE:KEYS opened at $175.33 on Friday. The stock has a market capitalization of $30.32 billion, a price-to-earnings ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year 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 company has a 50 day moving average price of $169.77 and a 200 day moving average price of $159.97.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley increased their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Bank of America increased their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. Finally, Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $182.22.

Insider Buying and Selling

In related news, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the completion of the sale, the senior vice president now owns 35,912 shares in the company, valued at approximately $6,151,725.60. This represents a 1.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,063 shares of company stock worth $5,573,941. Corporate 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.