Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 3.3% in the 4th quarter, HoldingsChannel reports. The fund owned 55,379 shares of the scientific and technical instruments company’s stock after acquiring an additional 1,755 shares during the period. PNC Financial Services Group Inc.’s holdings in Keysight Technologies were worth $8,896,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KEYS. Los Angeles Capital Management LLC increased its holdings in shares of Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock worth $108,244,000 after buying an additional 517,267 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Keysight Technologies during the 4th quarter worth $58,367,000. Geode Capital Management LLC increased its holdings in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after buying an additional 323,235 shares during the last quarter. Swedbank AB increased its holdings in shares of Keysight Technologies by 7.1% during 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 buying an additional 292,372 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC increased its holdings in shares of Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after buying an additional 216,564 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $149.91 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a 50-day moving average of $168.84 and a two-hundred day moving average of $162.15. The stock has a market cap of $25.92 billion, a P/E ratio of 42.83, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Analysts Set New Price Targets

KEYS has been the subject of a number of research analyst reports. Susquehanna restated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Wells Fargo & Company upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were 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 directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Company Profile

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.