Chesapeake Capital Corp IL Invests $770,000 in Keysight Technologies, Inc. (NYSE:KEYS)

Chesapeake Capital Corp IL acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,796 shares of the scientific and technical instruments company’s stock, valued at approximately $770,000.

Other large investors also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in shares of Keysight Technologies in the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies in the third quarter worth about $35,000. Venturi Wealth Management LLC grew its position in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 133 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Stock Down 1.1 %

Shares of NYSE:KEYS opened at $152.60 on Wednesday. The firm has a market capitalization of $26.37 billion, a PE ratio of 43.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The firm has a fifty day moving average of $167.43 and a 200 day moving average of $162.04.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on KEYS shares. Bank of America upped their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research note on Wednesday, November 20th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies presently has a consensus 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.