AlphaQuest LLC Sells 8,511 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

AlphaQuest LLC reduced its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 86.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,349 shares of the scientific and technical instruments company's stock after selling 8,511 shares during the period. AlphaQuest LLC's holdings in Keysight Technologies were worth $217,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. State Street Corp boosted its stake in shares of Keysight Technologies by 2.5% during the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock worth $1,248,773,000 after purchasing an additional 194,294 shares during the period. Swedbank AB boosted its stake in shares of Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock worth $702,671,000 after purchasing an additional 292,372 shares during the period. Geode Capital Management LLC boosted its stake in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock worth $697,411,000 after purchasing an additional 323,235 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Keysight Technologies by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company's stock worth $163,148,000 after purchasing an additional 28,754 shares during the period. Finally, Kovitz Investment Group Partners LLC boosted its stake in shares of Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock worth $158,692,000 after purchasing an additional 216,564 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

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Keysight Technologies Stock Down 0.2 %

Shares of NYSE:KEYS traded down $0.32 during trading hours on Thursday, hitting $155.16. The company's stock had a trading volume of 711,562 shares, compared to its average volume of 1,107,389. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The company has a market capitalization of $26.81 billion, a price-to-earnings ratio of 44.33, a P/E/G ratio of 2.41 and a beta of 1.10. The firm's fifty day moving average price is $167.24 and its 200 day moving average price is $161.99.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on KEYS shares. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price target for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $184.44.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company's stock.

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.