Pinebridge Investments L.P. Has $1.92 Million Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Pinebridge Investments L.P. lifted its stake in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 72.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,060 shares of the scientific and technical instruments company’s stock after acquiring an additional 5,048 shares during the period. Pinebridge Investments L.P.’s holdings in Keysight Technologies were worth $1,919,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of KEYS. Ancora Advisors LLC bought a new position in Keysight Technologies in the third quarter worth $25,000. Venturi Wealth Management LLC raised its stake in shares of Keysight Technologies by 145.9% in the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 159 shares in the last quarter. EdgeRock Capital LLC bought a new position in shares of Keysight Technologies during the 4th quarter worth about $46,000. GAMMA Investing LLC acquired a new stake in shares of Keysight Technologies during the 4th quarter valued at about $48,000. Finally, Wetzel Investment Advisors Inc. acquired a new stake in shares of Keysight Technologies during the 4th quarter valued at about $53,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Keysight Technologies

In other news, Director Kevin A. Stephens purchased 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the completion of the acquisition, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Keysight Technologies news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at approximately $4,457,369.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kevin A. Stephens purchased 460 shares of Keysight Technologies stock in a transaction dated Tuesday, May 28th. The stock was bought at an average price of $143.35 per share, for a total transaction of $65,941.00. Following the completion of the transaction, the director now directly owns 7,681 shares in the company, valued at $1,101,071.35. The disclosure for this purchase can be found here. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Down 0.1 %

NYSE:KEYS opened at $135.81 on Friday. The company has a market cap of $23.70 billion, a price-to-earnings ratio of 29.59, a P/E/G ratio of 4.66 and a beta of 1.00. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.48 and a current ratio of 1.99. The stock’s fifty day moving average price is $148.75 and its two-hundred day moving average price is $150.89. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of analyst reports. Robert W. Baird raised their price target on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 21st. Susquehanna cut their target price on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research report on Tuesday, May 21st. JPMorgan Chase & Co. cut Keysight Technologies from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $184.00 to $170.00 in a research report on Thursday, February 15th. Barclays lifted their price objective on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. Finally, Citigroup upped their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the stock a “buy” rating in a report on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned 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 a consensus price target of $166.33.

Get Our Latest Analysis on Keysight Technologies

About Keysight Technologies

(Free Report)

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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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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