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

StockNews.com upgraded shares of Keysight Technologies (NYSE:KEYS) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

Several other research analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Robert W. Baird upped their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Barclays upped their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $182.22.

Keysight Technologies Trading Down 5.2 %

Shares of Keysight Technologies stock opened at $175.33 on Friday. The stock has a market cap of $30.32 billion, a P/E ratio of 50.10, a P/E/G ratio of 2.41 and a beta of 1.02. The stock’s 50 day simple moving average is $169.77 and its 200-day simple moving average is $159.97. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock valued at $5,573,941 over the last quarter. 0.61% of the stock is owned by company insiders.

Institutional Trading of Keysight Technologies

Large investors have recently modified their holdings of the stock. Natixis Advisors LLC increased its position in shares of Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after acquiring an additional 14,185 shares during the period. Janney Montgomery Scott LLC increased its position in shares of Keysight Technologies by 72.6% during the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after acquiring an additional 7,106 shares during the period. Speece Thorson Capital Group Inc. increased its position in shares of Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after acquiring an additional 17,962 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after acquiring an additional 3,857 shares during the period. Finally, LMR Partners LLP purchased a new stake in shares of Keysight Technologies during the third quarter worth $14,339,000. Hedge funds and other institutional investors own 84.58% 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.