ExodusPoint Capital Management LP Grows Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

ExodusPoint Capital Management LP increased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,342 shares of the scientific and technical instruments company's stock after acquiring an additional 7,098 shares during the quarter. ExodusPoint Capital Management LP's holdings in Keysight Technologies were worth $8,729,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Groupama Asset Managment boosted its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 9,437 shares in the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the third quarter valued at approximately $35,000. Venturi Wealth Management LLC lifted its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after buying an additional 158 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Keysight Technologies in the 3rd quarter valued at about $120,000. Institutional investors and hedge funds own 84.58% of the company's stock.

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Keysight Technologies Trading Down 7.6 %

Shares of KEYS traded down $10.89 during mid-day trading on Thursday, reaching $131.61. The company's stock had a trading volume of 296,262 shares, compared to its average volume of 1,156,688. 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 52 week low of $119.72 and a 52 week high of $186.20. The company's fifty day moving average price is $159.56 and its two-hundred day moving average price is $161.44. The stock has a market cap of $22.74 billion, a PE ratio of 37.62, a P/E/G ratio of 2.41 and a beta of 1.12.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent analyst reports. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and lifted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Finally, Wells Fargo & Company lifted their price target 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. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $184.44.

Keysight Technologies Company 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.