First Foundation Advisors Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

First Foundation Advisors lifted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,694 shares of the scientific and technical instruments company’s stock after buying an additional 3,827 shares during the quarter. First Foundation Advisors’ holdings in Keysight Technologies were worth $5,091,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Keysight Technologies by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock worth $3,352,932,000 after buying an additional 55,223 shares in the last quarter. Geode Capital Management LLC raised its stake in Keysight Technologies by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock valued at $708,349,000 after purchasing an additional 17,213 shares in the last quarter. Boston Partners raised its stake in Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock valued at $637,125,000 after purchasing an additional 704,920 shares in the last quarter. Invesco Ltd. raised its stake in Keysight Technologies by 2.1% in the fourth quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company’s stock valued at $356,607,000 after purchasing an additional 45,867 shares in the last quarter. Finally, Norges Bank purchased a new stake in Keysight Technologies in the fourth quarter valued at approximately $320,707,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, Robert W. Baird lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Down 3.7 %

Keysight Technologies stock opened at $137.26 on Thursday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The stock has a 50 day moving average of $159.56 and a two-hundred day moving average of $161.44. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $23.72 billion, a price-to-earnings ratio of 39.22, a PEG ratio of 2.41 and a beta of 1.12.

Keysight Technologies 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.