Moody Lynn & Lieberson LLC acquired a new stake in shares of Keysight Technologies Inc (NYSE:KEYS) during the first quarter, Holdings Channel reports. The firm acquired 24,970 shares of the scientific and technical instruments company’s stock, valued at approximately $2,177,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KEYS. Sun Life Financial INC bought a new stake in shares of Keysight Technologies during the fourth quarter worth $32,000. Kaizen Advisory LLC bought a new stake in shares of Keysight Technologies in the fourth quarter worth about $32,000. Liberty Wealth Management LLC bought a new stake in shares of Keysight Technologies in the fourth quarter worth about $32,000. Parkside Financial Bank & Trust grew its holdings in shares of Keysight Technologies by 41.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 154 shares in the last quarter. Finally, Guardian Life Insurance Co. of America bought a new position in shares of Keysight Technologies during the fourth quarter worth about $33,000. Institutional investors and hedge funds own 89.25% of the company’s stock.
Shares of NYSE:KEYS traded up $1.95 during trading on Tuesday, hitting $92.54. 60,070 shares of the company were exchanged, compared to its average volume of 1,732,761. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.82 and a quick ratio of 1.36. Keysight Technologies Inc has a 52-week low of $50.59 and a 52-week high of $92.99. The company has a market cap of $16.89 billion, a P/E ratio of 30.78 and a beta of 1.17.
In other Keysight Technologies news, CFO Neil Dougherty sold 42,133 shares of the firm’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $84.85, for a total value of $3,574,985.05. Following the completion of the sale, the chief financial officer now directly owns 77,217 shares in the company, valued at $6,551,862.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Adam Wallace sold 4,775 shares of Keysight Technologies stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $85.65, for a total transaction of $408,978.75. The disclosure for this sale can be found here. Insiders have sold 99,707 shares of company stock worth $8,455,884 over the last ninety days. Insiders own 0.65% of the company’s stock.
A number of research analysts have weighed in on the company. Zacks Investment Research downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Jefferies Financial Group lifted their price objective on Keysight Technologies to $100.00 and gave the company a “buy” rating in a report on Tuesday, February 26th. ValuEngine upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 28th. TheStreet upgraded Keysight Technologies from a “c+” rating to an “a-” rating in a research note on Thursday, February 21st. Finally, Deutsche Bank boosted their price objective on Keysight Technologies from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $88.33.
Keysight Technologies Profile
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
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