Truvestments Capital LLC Purchases Shares of 178 Keysight Technologies, Inc. (NYSE:KEYS)

Truvestments Capital LLC acquired a new position in Keysight Technologies, Inc. (NYSE:KEYS) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 178 shares of the scientific and technical instruments company’s stock, valued at approximately $28,000.

Several other institutional investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. lifted its stake in Keysight Technologies by 16.3% during the first quarter. B. Riley Wealth Advisors Inc. now owns 3,018 shares of the scientific and technical instruments company’s stock valued at $472,000 after purchasing an additional 423 shares during the last quarter. Comerica Bank increased its holdings in shares of Keysight Technologies by 9.4% in the first quarter. Comerica Bank now owns 44,556 shares of the scientific and technical instruments company’s stock valued at $6,968,000 after buying an additional 3,824 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Keysight Technologies by 165.2% during the 1st quarter. Cetera Investment Advisers now owns 23,339 shares of the scientific and technical instruments company’s stock valued at $3,650,000 after acquiring an additional 14,538 shares during the last quarter. Cetera Advisors LLC boosted its stake in shares of Keysight Technologies by 72.9% during the 1st quarter. Cetera Advisors LLC now owns 6,448 shares of the scientific and technical instruments company’s stock worth $1,008,000 after acquiring an additional 2,718 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of Keysight Technologies by 172.6% in 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 during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Susquehanna restated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Morgan Stanley raised their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $177.30.

Keysight Technologies Trading Down 1.9 %

Shares of NYSE:KEYS opened at $168.61 on Friday. The firm has a fifty day moving average of $157.80 and a two-hundred day moving average of $146.80. 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 12-month low of $119.72 and a 12-month high of $175.39. The firm has a market capitalization of $29.26 billion, a P/E ratio of 48.17, a price-to-earnings-growth 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.