Keysight Technologies, Inc. (NYSE:KEYS) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have received a consensus rating of “Moderate Buy” from the ten ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and nine have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $180.80.

A number of analysts have weighed in on KEYS shares. StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Barclays upped their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Morgan Stanley lifted their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th.

Insider Transactions at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,063 shares of company stock valued at $4,603,201 in the last ninety days. Corporate insiders own 0.60% of the company’s stock.

Institutional Trading of Keysight Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of KEYS. State Street Corp boosted its holdings in Keysight Technologies by 2.5% in the third 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 period. Swedbank AB raised its holdings in shares of 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 in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after purchasing an additional 323,235 shares during the last quarter. Van ECK Associates Corp boosted its stake in Keysight Technologies by 6.1% in the 2nd quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock worth $188,540,000 after purchasing an additional 79,774 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in Keysight Technologies by 14.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after acquiring an additional 141,062 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Up 2.1 %

Shares of NYSE:KEYS opened at $163.22 on Friday. The stock has a market cap of $28.27 billion, a price-to-earnings ratio of 46.63, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00. The firm’s 50 day moving average price is $162.01 and its 200 day moving average price is $149.40. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

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.