Bryce Point Capital LLC bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 12,777 shares of the scientific and technical instruments company's stock, valued at approximately $2,052,000. Keysight Technologies makes up 0.6% of Bryce Point Capital LLC's holdings, making the stock its 7th biggest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock valued at $3,352,932,000 after acquiring an additional 55,223 shares in the last quarter. State Street Corp boosted its holdings in Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock valued at $1,248,773,000 after purchasing an additional 194,294 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Keysight Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock valued at $708,349,000 after purchasing an additional 17,213 shares in the last quarter. Boston Partners grew its stake in shares of Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after purchasing an additional 704,920 shares during the period. Finally, Norges Bank acquired a new position in shares of Keysight Technologies in the 4th quarter worth approximately $320,707,000. 84.58% of the stock is currently owned by institutional investors.
Keysight Technologies Trading Down 1.0 %
Shares of NYSE KEYS traded down $1.21 during mid-day trading on Monday, hitting $125.81. The company's stock had a trading volume of 646,191 shares, compared to its average volume of 1,031,427. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The stock has a market cap of $21.74 billion, a price-to-earnings ratio of 35.93, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. 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's fifty day simple moving average is $163.25 and its 200-day simple moving average is $162.23.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on KEYS shares. Robert W. Baird upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Wells Fargo & Company upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $184.44.
Get Our Latest Stock Analysis on KEYS
Insider Buying and Selling
In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.61% of the stock is owned by insiders.
About Keysight Technologies
(
Free Report)
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.
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