Goldman Sachs Group Inc. grew its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 4.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 797,656 shares of the scientific and technical instruments company’s stock after buying an additional 35,352 shares during the period. Goldman Sachs Group Inc. owned 0.46% of Keysight Technologies worth $119,465,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its holdings in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 90 shares during the last quarter. Accent Capital Management LLC bought a new stake in shares of Keysight Technologies during the first quarter valued at approximately $28,000. Manchester Capital Management LLC grew its position in Keysight Technologies by 85.0% in the 1st quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 108 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in Keysight Technologies in the 1st quarter valued at about $36,000. Finally, WPG Advisers LLC bought a new position in Keysight Technologies in the 1st quarter valued at about $39,000. Institutional investors own 84.58% of the company’s stock.
Keysight Technologies Price Performance
NYSE KEYS opened at $172.43 on Friday. The stock has a market capitalization of $29.63 billion, a P/E ratio of 54.91, a P/E/G ratio of 2.38 and a beta of 1.16. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $186.20. The business’s fifty day moving average is $164.49 and its two-hundred day moving average is $157.02. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 5th. Barclays decreased their target price on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research report on Wednesday, August 20th. Bank of America increased their target price on shares of Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research report on Wednesday, August 20th. Finally, JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Seven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $187.38.
Get Our Latest Stock Report on KEYS
Insider Activity
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the firm’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares in the company, valued at $17,262,552.30. This trade represents a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Neil Dougherty sold 12,215 shares of the firm’s stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the transaction, the chief financial officer owned 115,228 shares of the company’s stock, valued at approximately $18,966,528.80. The trade was a 9.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.61% 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.
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