Keysight Technologies (NYSE:KEYS) Downgraded by StockNews.com to “Hold”

StockNews.com lowered shares of Keysight Technologies (NYSE:KEYS) from a buy rating to a hold rating in a research report sent to investors on Saturday morning.

A number of other equities research analysts have also recently weighed in on the stock. Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Barclays lifted their target price 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. Susquehanna restated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Stock Up 0.1 %

Shares of NYSE:KEYS opened at $171.90 on Friday. The business has a 50-day moving average price of $157.00 and a 200 day moving average price of $146.49. Keysight Technologies has a 12-month low of $119.72 and a 12-month high of $175.39. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $29.83 billion, a price-to-earnings ratio of 49.12, a PEG ratio of 2.27 and a beta of 0.98.

Hedge Funds Weigh In On Keysight Technologies

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Swedbank AB raised its holdings in Keysight Technologies by 3.8% in the second quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company’s stock valued at $564,626,000 after acquiring an additional 151,446 shares in the last quarter. Natixis Advisors LLC raised its holdings in shares of Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. lifted its position in shares of Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky boosted its position in shares of Keysight Technologies by 172.6% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 41,977 shares of the scientific and technical instruments company’s stock worth $6,565,000 after acquiring an additional 26,577 shares in the last quarter. Hedge funds and other institutional investors 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.