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

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a report released on Thursday morning.

KEYS has been the topic of several other reports. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Bank of America boosted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Robert W. Baird raised their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised 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 report on Monday, December 16th. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $180.80.

Keysight Technologies Trading Up 0.2 %

Shares of KEYS opened at $173.01 on Thursday. The stock has a market capitalization of $29.96 billion, a P/E ratio of 49.43, a PEG ratio of 2.16 and a beta of 1.02. Keysight Technologies has a twelve month low of $119.72 and a twelve month 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. The firm has a fifty day simple moving average of $165.27 and a two-hundred day simple moving average of $153.89.

Insider Buying and Selling

In other news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was 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 owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock valued at $5,573,941 over the last quarter. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies during the 3rd quarter valued at $29,000. American National Bank & Trust bought a new stake in shares of Keysight Technologies in the 3rd quarter worth $31,000. Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies in the third quarter worth $35,000. Finally, Groupama Asset Managment lifted its holdings in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares in the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.