Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Capital International Inc. CA

Capital International Inc. CA grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 16.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,869 shares of the scientific and technical instruments company's stock after acquiring an additional 2,460 shares during the quarter. Capital International Inc. CA's holdings in Keysight Technologies were worth $2,870,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Keysight Technologies during the fourth quarter valued at approximately $320,707,000. Boston Partners raised its holdings in shares of Keysight Technologies by 21.7% during the fourth 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 last quarter. Madison Investment Advisors LLC bought a new stake in shares of Keysight Technologies during the 4th quarter valued at about $88,166,000. Los Angeles Capital Management LLC raised its holdings in Keysight Technologies by 330.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock worth $108,244,000 after purchasing an additional 517,267 shares during the period. Finally, Capital World Investors lifted its holdings in Keysight Technologies by 15.6% during the fourth quarter. Capital World Investors now owns 3,790,432 shares of the scientific and technical instruments company's stock valued at $608,857,000 after purchasing an additional 511,724 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. dropped their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Keysight Technologies has an average rating of "Moderate Buy" and a consensus price target of $181.33.

Insider Activity

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Stock Up 4.7 %

Shares of NYSE:KEYS traded up $6.51 during trading on Thursday, hitting $143.80. 1,825,487 shares of the company were exchanged, compared to its average volume of 1,150,291. The firm's 50 day moving average price is $150.25 and its 200-day moving average price is $159.87. 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 12-month low of $119.72 and a 12-month high of $186.20. The stock has a market capitalization of $24.85 billion, a P/E ratio of 41.09, a PEG ratio of 2.41 and a beta of 1.12.

About Keysight Technologies

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.