Creative Financial Designs Inc. ADV boosted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 5.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 8,431 shares of the scientific and technical instruments company’s stock after purchasing an additional 465 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Keysight Technologies were worth $1,382,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Accent Capital Management LLC acquired a new position in Keysight Technologies during the first quarter worth about $28,000. Manchester Capital Management LLC lifted its holdings in shares of Keysight Technologies by 85.0% in the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 108 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of Keysight Technologies in the first quarter valued at about $36,000. Private Trust Co. NA lifted its holdings in shares of Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company’s stock valued at $39,000 after purchasing an additional 75 shares in the last quarter. Finally, WPG Advisers LLC purchased a new stake in shares of Keysight Technologies in the first quarter valued at about $39,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Keysight Technologies Stock Performance
Shares of KEYS opened at $183.30 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.94 and a current ratio of 3.59. The company has a market capitalization of $31.50 billion, a price-to-earnings ratio of 58.37, a PEG ratio of 2.38 and a beta of 1.18. The company’s 50 day simple moving average is $169.77 and its 200 day simple moving average is $162.54. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $186.20.
Analyst Ratings Changes
Several brokerages have issued reports on KEYS. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a report on Wednesday, October 8th. Wall Street Zen downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday. Morgan Stanley reaffirmed an “equal weight” rating and issued a $180.00 price target on shares of Keysight Technologies in a report on Friday, October 10th. Barclays reduced their price target on shares of Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating on the stock in a report on Wednesday, August 20th. Finally, Jefferies Financial Group began coverage on shares of Keysight Technologies in a research note on Monday, October 27th. They set a “hold” rating and a $180.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $186.56.
Check Out Our Latest Report on KEYS
Insiders Place Their Bets
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 2,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $173.98, for a total transaction of $347,960.00. Following the transaction, the senior vice president owned 106,590 shares of the company’s stock, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is currently owned by corporate insiders.
Keysight Technologies 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.
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