Dimensional Fund Advisors LP Grows Position in Keysight Technologies, Inc. (NYSE:KEYS)

Dimensional Fund Advisors LP lifted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 17.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,393,093 shares of the scientific and technical instruments company's stock after purchasing an additional 203,746 shares during the quarter. Dimensional Fund Advisors LP owned about 0.81% of Keysight Technologies worth $223,786,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Keysight Technologies by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock worth $3,352,932,000 after purchasing an additional 55,223 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after buying an additional 17,213 shares in the last quarter. Boston Partners grew its stake in 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 acquiring an additional 704,920 shares during the last quarter. Invesco Ltd. increased its holdings in Keysight Technologies by 2.1% during the 4th quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company's stock valued at $356,607,000 after acquiring an additional 45,867 shares in the last quarter. Finally, Norges Bank acquired a new position in Keysight Technologies during the fourth quarter worth about $320,707,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

KEYS has been the subject of a number of recent research reports. JPMorgan Chase & Co. dropped their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research note on Thursday, April 17th. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Robert W. Baird increased their price objective on 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 equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.

Keysight Technologies Stock Up 2.6 %

KEYS opened at $135.28 on Wednesday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The business has a 50-day moving average of $151.96 and a two-hundred day moving average of $160.11. 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 stock has a market capitalization of $23.38 billion, a price-to-earnings ratio of 38.65, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly 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 the SEC website. Corporate 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.

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