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

Keysight Technologies (NYSE:KEYS) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other equities analysts also recently commented on KEYS. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Wells Fargo & Company lifted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. 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 report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Stock Down 0.3 %

Shares of Keysight Technologies stock opened at $154.65 on Friday. The business has a 50-day moving average of $166.92 and a 200-day moving average of $161.95. 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 company has a market capitalization of $26.72 billion, a PE ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies has a 1-year low of $119.72 and a 1-year high of $186.20.

Insider Activity at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction on 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 sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $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 accessible through this link. 0.61% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Keysight Technologies by 0.3% during the 4th 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 acquiring an additional 55,223 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in Keysight Technologies by 29.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock worth $2,588,546,000 after acquiring an additional 3,621,349 shares during the last quarter. State Street Corp lifted its position in Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after acquiring an additional 194,294 shares during the last quarter. Kovitz Investment Group Partners LLC lifted its position in Keysight Technologies by 364.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock worth $747,301,000 after acquiring an additional 3,650,953 shares during the last quarter. Finally, Swedbank AB lifted its position in 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 acquiring an additional 292,372 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.