Cambridge Investment Research Advisors Inc. Grows Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Cambridge Investment Research Advisors Inc. increased its stake in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,953 shares of the scientific and technical instruments company’s stock after acquiring an additional 209 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Keysight Technologies were worth $1,265,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackDiamond Wealth Management LLC grew its position in Keysight Technologies by 12.3% in the fourth quarter. BlackDiamond Wealth Management LLC now owns 3,466 shares of the scientific and technical instruments company’s stock worth $534,000 after acquiring an additional 379 shares in the last quarter. Financial Advisors Network Inc. purchased a new position in Keysight Technologies in the fourth quarter worth about $239,000. Central Valley Advisors LLC purchased a new position in Keysight Technologies in the fourth quarter worth about $1,234,000. Renaissance Group LLC grew its position in Keysight Technologies by 13.7% in the fourth quarter. Renaissance Group LLC now owns 189,702 shares of the scientific and technical instruments company’s stock worth $30,178,000 after acquiring an additional 22,893 shares in the last quarter. Finally, Corient Private Wealth LLC grew its position in Keysight Technologies by 128.6% in the fourth quarter. Corient Private Wealth LLC now owns 475,998 shares of the scientific and technical instruments company’s stock worth $75,710,000 after acquiring an additional 267,804 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the subject of several recent analyst reports. Susquehanna dropped their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday, May 21st. Robert W. Baird boosted their target price on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research report on Tuesday, May 21st. Barclays boosted their target price on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 21st. JPMorgan Chase & Co. lowered Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Finally, Citigroup boosted their target price on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and a consensus price target of $166.33.

Check Out Our Latest Analysis on Keysight Technologies

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $136.00 on Friday. The company has a market capitalization of $23.74 billion, a price-to-earnings ratio of 29.63, a price-to-earnings-growth ratio of 4.66 and a beta of 1.00. Keysight Technologies, Inc. has a 52 week low of $118.57 and a 52 week high of $172.72. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The firm has a 50 day moving average of $149.57 and a 200 day moving average of $150.99.

Insider Buying and Selling

In other Keysight Technologies news, Director Kevin A. Stephens acquired 460 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, May 28th. The stock was bought at an average price of $143.35 per share, with a total value of $65,941.00. Following the completion of the purchase, the director now directly owns 7,681 shares of the company’s stock, valued at approximately $1,101,071.35. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Keysight Technologies news, Director Kevin A. Stephens purchased 460 shares of Keysight Technologies stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average cost of $143.35 per share, with a total value of $65,941.00. Following the completion of the transaction, the director now owns 7,681 shares in the company, valued at approximately $1,101,071.35. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Kailash Narayanan sold 4,300 shares of the firm’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the sale, the senior vice president now directly owns 29,156 shares of the company’s stock, valued at approximately $4,457,369.28. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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