Leeward Investments LLC MA lessened its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 7.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,343 shares of the scientific and technical instruments company’s stock after selling 7,298 shares during the period. Keysight Technologies makes up 1.3% of Leeward Investments LLC MA’s portfolio, making the stock its 11th biggest position. Leeward Investments LLC MA’s holdings in Keysight Technologies were worth $25,793,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Quarry LP purchased a new position in shares of Keysight Technologies in the 4th quarter valued at $25,000. Optiver Holding B.V. purchased a new stake in Keysight Technologies during the 3rd quarter worth $35,000. Entrust Financial LLC acquired a new stake in Keysight Technologies in the 4th quarter valued at $45,000. DV Equities LLC purchased a new position in Keysight Technologies in the fourth quarter valued at about $49,000. Finally, Atlantic Edge Private Wealth Management LLC raised its position in Keysight Technologies by 497.7% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after purchasing an additional 214 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.
Keysight Technologies Stock Performance
NYSE:KEYS opened at $353.55 on Wednesday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.90 and a quick ratio of 1.51. The firm has a 50-day moving average of $345.59 and a two-hundred day moving average of $280.07. The stock has a market cap of $60.42 billion, a P/E ratio of 58.15, a PEG ratio of 2.13 and a beta of 1.22. Keysight Technologies Inc. has a 1-year low of $152.85 and a 1-year high of $374.96.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Susquehanna boosted their price objective on Keysight Technologies from $415.00 to $425.00 and gave the stock a “positive” rating in a research note on Wednesday, May 20th. UBS Group raised their target price on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Barclays boosted their price target on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. JPMorgan Chase & Co. upped their price target on Keysight Technologies from $360.00 to $390.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Keysight Technologies in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $371.92.
Check Out Our Latest Report on Keysight Technologies
Insider Transactions at Keysight Technologies
In other Keysight Technologies news, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the sale, the director directly owned 21,821 shares in the company, valued at $7,562,722.18. The trade was a 12.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.
Keysight Technologies Company Profile
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
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