Asset Management One Co. Ltd. Buys 2,373 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Asset Management One Co. Ltd. raised its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 3.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,561 shares of the scientific and technical instruments company’s stock after buying an additional 2,373 shares during the period. Asset Management One Co. Ltd.’s holdings in Keysight Technologies were worth $12,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC grew its position in shares of Keysight Technologies by 3,570.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,615 shares of the scientific and technical instruments company’s stock worth $257,000 after buying an additional 1,571 shares in the last quarter. Creative Planning lifted its stake in Keysight Technologies by 11.4% in the third quarter. Creative Planning now owns 20,874 shares of the scientific and technical instruments company’s stock worth $3,318,000 after acquiring an additional 2,138 shares during the period. Swedbank AB grew its holdings 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 in the last quarter. Stratos Wealth Advisors LLC increased its position in Keysight Technologies by 4.0% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 3,708 shares of the scientific and technical instruments company’s stock valued at $589,000 after purchasing an additional 144 shares during the period. Finally, Capital Investment Advisors LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $207,000. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Stock Up 2.3 %

NYSE:KEYS opened at $183.40 on Monday. The company’s 50 day moving average is $168.38 and its two-hundred day moving average is $158.22. The company has a market cap of $31.71 billion, a PE ratio of 52.40, a P/E/G ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $184.35. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

KEYS has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Insider Activity

In related news, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, 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. Insiders have sold 33,063 shares of company stock valued at $5,573,941 over the last ninety days. 0.61% of the stock is currently owned by insiders.

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.