Boston Partners Acquires 704,920 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Boston Partners raised its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 21.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,958,274 shares of the scientific and technical instruments company's stock after buying an additional 704,920 shares during the quarter. Keysight Technologies accounts for approximately 0.8% of Boston Partners' holdings, making the stock its 26th biggest holding. Boston Partners owned approximately 2.29% of Keysight Technologies worth $637,125,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. Swedbank AB increased its holdings in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after buying an additional 292,372 shares during the period. Victory Capital Management Inc. increased its holdings in Keysight Technologies by 2.3% in the 3rd quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company's stock valued at $22,372,000 after buying an additional 3,174 shares during the period. Empowered Funds LLC increased its holdings in Keysight Technologies by 12.1% in the 3rd quarter. Empowered Funds LLC now owns 8,222 shares of the scientific and technical instruments company's stock valued at $1,307,000 after buying an additional 885 shares during the period. Natixis Advisors LLC increased its holdings in 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 buying an additional 14,185 shares during the period. Finally, Swiss National Bank increased its holdings in Keysight Technologies by 0.3% in the 3rd quarter. Swiss National Bank now owns 518,000 shares of the scientific and technical instruments company's stock valued at $82,326,000 after buying an additional 1,300 shares during the period. Institutional investors own 84.58% of the company's stock.

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Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

NYSE KEYS traded down $0.48 on Friday, hitting $154.65. 1,243,928 shares of the company were exchanged, compared to its average volume of 1,107,730. The firm has a 50 day moving average of $166.92 and a two-hundred day moving average of $161.95. The company has a market cap of $26.72 billion, a P/E ratio of 44.18, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20.

Analysts Set New Price Targets

Several equities research analysts have recently commented on KEYS shares. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Robert W. Baird boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Finally, Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $184.44.

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.