Geode Capital Management LLC Purchases 17,213 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Geode Capital Management LLC grew its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,417,248 shares of the scientific and technical instruments company's stock after acquiring an additional 17,213 shares during the quarter. Geode Capital Management LLC owned 2.55% of Keysight Technologies worth $708,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its stake in Keysight Technologies by 8.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock valued at $4,448,000 after buying an additional 2,260 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock valued at $8,896,000 after acquiring an additional 1,755 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock worth $3,018,000 after acquiring an additional 3,857 shares during the period. Portfolio Design Labs LLC lifted its holdings in Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock worth $2,498,000 after acquiring an additional 2,336 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Keysight Technologies by 2.7% in the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company's stock worth $38,099,000 after purchasing an additional 6,241 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently issued reports on KEYS shares. Wells Fargo & Company raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. 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. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $184.44.

Keysight Technologies Stock Performance

Shares of KEYS stock traded down $0.07 during trading on Monday, reaching $126.95. 597,101 shares of the company's stock traded hands, compared to its average volume of 1,153,510. The firm's 50-day moving average is $163.25 and its 200 day moving average is $162.23. The company has a market capitalization of $21.94 billion, a P/E ratio of 36.04, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies 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 completion of the transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.61% of the company's stock.

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.