Bank Julius Baer & Co. Ltd Zurich Acquires New Holdings in Keysight Technologies Inc. $KEYS

Bank Julius Baer & Co. Ltd Zurich bought a new position in Keysight Technologies Inc. (NYSE:KEYS) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,791 shares of the scientific and technical instruments company’s stock, valued at approximately $621,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. True Wealth Design LLC raised its position in shares of Keysight Technologies by 358.3% in the second quarter. True Wealth Design LLC now owns 165 shares of the scientific and technical instruments company’s stock valued at $27,000 after purchasing an additional 129 shares during the period. Accent Capital Management LLC acquired a new position in Keysight Technologies in the 1st quarter valued at $28,000. NewSquare Capital LLC raised its holdings in Keysight Technologies by 155.2% in the 2nd quarter. NewSquare Capital LLC now owns 171 shares of the scientific and technical instruments company’s stock worth $28,000 after acquiring an additional 104 shares during the period. Atlantic Union Bankshares Corp acquired a new position in Keysight Technologies during the 2nd quarter worth $34,000. Finally, Manchester Capital Management LLC boosted its holdings in Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 108 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on KEYS. UBS Group assumed coverage on Keysight Technologies in a research note on Tuesday, November 11th. They issued a “buy” rating and a $220.00 price objective on the stock. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 1st. Jefferies Financial Group assumed coverage on Keysight Technologies in a research report on Monday, October 27th. They issued a “hold” rating and a $180.00 price target on the stock. Citigroup assumed coverage on Keysight Technologies in a report on Friday, November 14th. They set a “buy” rating and a $215.00 price target for the company. Finally, Morgan Stanley restated an “equal weight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a research note on Friday, October 10th. Six equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $194.33.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $172.77 on Friday. The business has a 50 day simple moving average of $173.51 and a 200 day simple moving average of $166.71. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.59 and a quick ratio of 2.94. The company has a market capitalization of $29.69 billion, a PE ratio of 55.02, a price-to-earnings-growth ratio of 2.38 and a beta of 1.22. Keysight Technologies Inc. has a one year low of $121.43 and a one year high of $187.67.

Insider Activity

In other news, SVP Ingrid A. Estrada sold 2,000 shares of the business’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total value of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at approximately $18,544,528.20. The trade was a 1.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company’s stock.

About Keysight Technologies

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.