Archford Capital Strategies LLC trimmed its position in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 36.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,363 shares of the scientific and technical instruments company’s stock after selling 1,954 shares during the period. Archford Capital Strategies LLC’s holdings in Keysight Technologies were worth $683,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in KEYS. AQR Capital Management LLC increased its position in Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in Keysight Technologies by 5.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after acquiring an additional 122 shares during the period. Empowered Funds LLC raised its stake in Keysight Technologies by 30.0% during the 1st quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after acquiring an additional 2,461 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Keysight Technologies by 66.5% during the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock valued at $59,000 after purchasing an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of Keysight Technologies in the second quarter worth approximately $254,000. 84.58% of the stock is currently owned by institutional investors.
Keysight Technologies Stock Performance
Keysight Technologies stock opened at $290.22 on Thursday. The company’s 50-day moving average price is $261.24 and its 200-day moving average price is $213.95. The company has a quick ratio of 2.02, a current ratio of 2.60 and a debt-to-equity ratio of 0.41. Keysight Technologies Inc. has a twelve month low of $121.43 and a twelve month high of $317.00. The company has a market cap of $49.77 billion, a PE ratio of 52.29, a price-to-earnings-growth ratio of 2.13 and a beta of 1.15.
Wall Street Analysts Forecast Growth
KEYS has been the subject of a number of analyst reports. Robert W. Baird increased their price objective on shares of Keysight Technologies from $295.00 to $310.00 and gave the stock an “outperform” rating in a research note on Monday. Bank of America raised Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective for the company in a research note on Tuesday, February 24th. JPMorgan Chase & Co. increased their target price on Keysight Technologies from $255.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 24th. Citigroup boosted their price target on Keysight Technologies from $282.00 to $320.00 and gave the stock a “buy” rating in a report on Monday, March 23rd. Finally, Truist Financial started coverage on Keysight Technologies in a research note on Tuesday. They issued a “hold” rating and a $310.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $304.17.
Read Our Latest Analysis on KEYS
Insider Buying and Selling at Keysight Technologies
In other news, Director Ronald S. Nersesian sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the transaction, the director owned 163,377 shares of the company’s stock, valued at approximately $46,719,286.92. This represents a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $237.68, for a total value of $475,360.00. Following the sale, the senior vice president directly owned 107,861 shares of the company’s stock, valued at $25,636,402.48. This represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 40,334 shares of company stock valued at $11,533,230. 0.40% of the stock is owned by company insiders.
Keysight Technologies Profile
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
Featured Articles
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
