Skandinaviska Enskilda Banken AB publ Boosts Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Skandinaviska Enskilda Banken AB publ raised its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 303,539 shares of the scientific and technical instruments company’s stock after buying an additional 27,832 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Keysight Technologies were worth $48,921,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies in the 3rd quarter worth $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $35,000. Groupama Asset Managment grew its stake in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC increased its holdings in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Trading Up 0.1 %

KEYS opened at $149.94 on Thursday. The company has a market capitalization of $25.93 billion, a P/E ratio of 42.84, a PEG ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock’s fifty day moving average is $168.63 and its two-hundred day moving average is $162.12.

Insider Buying and Selling

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.61% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have commented on KEYS shares. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Bank of America upped their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $184.44.

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.