Dynamic Technology Lab Private Ltd bought a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,011 shares of the scientific and technical instruments company's stock, valued at approximately $805,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in 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 worth $3,352,932,000 after acquiring an additional 55,223 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Keysight Technologies by 0.4% in the fourth 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 purchasing an additional 17,213 shares during the last quarter. Boston Partners increased its stake in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after buying an additional 704,920 shares during the period. Norges Bank bought a new stake in Keysight Technologies during the 4th quarter valued at $320,707,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Keysight Technologies by 2.9% in 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 acquiring an additional 28,754 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.
Keysight Technologies Stock Down 0.4 %
Shares of Keysight Technologies stock traded down $0.59 during midday trading on Friday, hitting $132.82. The company had a trading volume of 415,581 shares, compared to its average volume of 1,060,745. The company has a 50 day moving average of $158.70 and a 200 day moving average of $161.29. The stock has a market capitalization of $22.95 billion, a P/E ratio of 37.85, a P/E/G ratio of 2.41 and a beta of 1.12. 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 quick ratio of 2.27 and a current ratio of 2.98.
Insider Activity
In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was 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 of the company's stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.61% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Wells Fargo & Company increased 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. Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Keysight Technologies presently has an average rating of "Moderate Buy" and an average target price of $184.44.
Read Our Latest Research Report on KEYS
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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