Citizens Financial Group Inc. RI Buys New Shares in Keysight Technologies, Inc. (NYSE:KEYS)

Citizens Financial Group Inc. RI bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 1,550 shares of the scientific and technical instruments company’s stock, valued at approximately $246,000.

Several other large investors have also recently bought and sold shares of the stock. Meeder Asset Management Inc. bought a new stake in shares of Keysight Technologies during the 2nd quarter worth approximately $27,000. Family Firm Inc. acquired a new position in Keysight Technologies during the second quarter worth $30,000. American National Bank & Trust bought a new stake in Keysight Technologies during the third quarter worth $31,000. GPS Wealth Strategies Group LLC raised its position in Keysight Technologies by 262.9% during the second quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 184 shares in the last quarter. Finally, Versant Capital Management Inc lifted its stake in Keysight Technologies by 842.4% in the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 278 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $170.28 on Friday. The stock has a 50 day simple moving average of $156.56 and a 200 day simple moving average of $146.41. The stock has a market cap of $29.55 billion, a P/E ratio of 48.65, a PEG ratio of 2.27 and a beta of 0.98. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $171.05. The company has a current ratio of 2.98, a quick ratio of 1.52 and a debt-to-equity ratio of 0.35.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on KEYS. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a report on Wednesday. Barclays boosted their price target on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday. 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. 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 research note on Wednesday. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $177.30.

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.