Keysight Technologies, Inc. (NYSE:KEYS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been assigned an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $180.80.

Several brokerages have issued reports on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday. Barclays increased their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird boosted their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Morgan Stanley increased their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $162.91 on Friday. 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 1 year low of $119.72 and a 1 year high of $175.39. The firm has a market capitalization of $28.21 billion, a PE ratio of 46.55, a P/E/G ratio of 2.12 and a beta of 1.00. The business’s 50 day moving average price is $162.52 and its 200-day moving average price is $150.26.

Insider Activity at Keysight Technologies

In related news, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were 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 approximately $828,027.80. The trade was a 6.77 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. The trade was a 12.59 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,063 shares of company stock worth $4,603,201. Insiders own 0.60% of the company’s stock.

Institutional Trading of Keysight Technologies

Several institutional investors have recently added to or reduced their stakes in KEYS. State Street Corp lifted its stake in Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock worth $1,248,773,000 after purchasing an additional 194,294 shares in the last quarter. Swedbank AB lifted its stake 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. Geode Capital Management LLC boosted its holdings in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares during the period. Van ECK Associates Corp grew its position in Keysight Technologies by 6.1% in the 2nd quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock valued at $188,540,000 after acquiring an additional 79,774 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Keysight Technologies by 14.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after purchasing an additional 141,062 shares during the period. Institutional investors and hedge funds own 84.58% 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.