Keysight Technologies (NYSE:KEYS) Rating Increased to Strong-Buy at StockNews.com

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a buy rating to a strong-buy rating in a research report released on Monday morning.

A number of other brokerages have also recently issued reports on KEYS. Bank of America raised their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Morgan Stanley raised their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Trading Down 2.3 %

KEYS opened at $155.85 on Monday. Keysight Technologies has a 52-week low of $119.72 and a 52-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. The firm has a market capitalization of $26.95 billion, a P/E ratio of 44.53, a P/E/G ratio of 2.41 and a beta of 1.02. The firm’s 50 day moving average is $169.84 and its 200-day moving average is $161.65.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The shares were 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 disclosure for this sale can be found here. 0.61% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Keysight Technologies

Several institutional investors and hedge funds have recently bought and sold shares of KEYS. Natixis Advisors LLC boosted its position in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after acquiring an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock valued at $2,685,000 after purchasing an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. raised its holdings in shares of Keysight Technologies by 28.7% in the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after buying an additional 17,962 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Keysight Technologies by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after buying an additional 3,857 shares in the last quarter. Finally, LMR Partners LLP bought a new stake in Keysight Technologies in the third quarter valued at $14,339,000. Institutional investors own 84.58% 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.