Brooklyn Investment Group Takes Position in Keysight Technologies, Inc. (NYSE:KEYS)

Brooklyn Investment Group acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 537 shares of the scientific and technical instruments company’s stock, valued at approximately $85,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Boston Partners purchased a new position in shares of Keysight Technologies during the 1st quarter valued at about $175,979,000. Swedbank AB raised its stake in shares of Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Fort Pitt Capital Group LLC lifted its holdings in shares of Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after acquiring an additional 254,985 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its stake in shares of Keysight Technologies by 506.3% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after purchasing an additional 251,274 shares in the last quarter. Finally, Interval Partners LP purchased a new position in Keysight Technologies in the 2nd quarter worth $29,512,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on KEYS shares. Robert W. Baird raised their price objective on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Barclays raised their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Price Performance

KEYS stock opened at $168.61 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $175.39. The firm has a 50-day moving average of $157.80 and a 200 day moving average of $146.80. The company has a market cap of $29.26 billion, a P/E ratio of 48.17, a PEG ratio of 2.22 and a beta of 0.98.

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.