Keysight Technologies (NYSE:KEYS) Stock Rating Upgraded by StockNews.com

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

KEYS has been the topic of a number of other reports. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Bank of America raised their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Finally, Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $182.22.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $175.33 on Friday. The company has a market capitalization of $30.32 billion, a price-to-earnings ratio of 50.10, a P/E/G ratio of 2.41 and a beta of 1.02. The firm’s 50 day simple moving average is $169.77 and its 200 day simple moving average is $159.71. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $186.20.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction 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 trade represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 33,063 shares of company stock worth $5,573,941. Company insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds have recently made changes to their positions in the business. Ascent Group LLC grew its stake in shares of Keysight Technologies by 5.2% during the 4th quarter. Ascent Group LLC now owns 9,868 shares of the scientific and technical instruments company’s stock worth $1,585,000 after acquiring an additional 487 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Keysight Technologies by 1.6% in the fourth quarter. Mackenzie Financial Corp now owns 1,755,315 shares of the scientific and technical instruments company’s stock valued at $281,956,000 after buying an additional 27,179 shares in the last quarter. Forum Financial Management LP grew its stake in shares of Keysight Technologies by 24.5% in the fourth quarter. Forum Financial Management LP now owns 1,735 shares of the scientific and technical instruments company’s stock valued at $279,000 after buying an additional 341 shares in the last quarter. Parr Mcknight Wealth Management Group LLC bought a new position in shares of Keysight Technologies in the fourth quarter valued at $1,120,000. Finally, Sunbelt Securities Inc. grew its stake in shares of Keysight Technologies by 241.8% in the fourth quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 191 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

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.