Hel Ved Capital Management Ltd Buys Shares of 116,950 Keysight Technologies, Inc. (NYSE:KEYS)

Hel Ved Capital Management Ltd purchased a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 116,950 shares of the scientific and technical instruments company's stock, valued at approximately $18,786,000. Keysight Technologies makes up 5.5% of Hel Ved Capital Management Ltd's portfolio, making the stock its 3rd biggest holding. Hel Ved Capital Management Ltd owned about 0.07% of Keysight Technologies at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake 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 valued at $3,352,932,000 after acquiring an additional 55,223 shares during the last quarter. State Street Corp boosted its holdings in shares of Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock valued at $1,248,773,000 after acquiring an additional 194,294 shares in the last quarter. Geode Capital Management LLC raised its holdings in Keysight Technologies by 0.4% during 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 in the last quarter. Boston Partners lifted its position in 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 valued at $637,125,000 after purchasing an additional 704,920 shares during the period. Finally, Norges Bank purchased a new position in shares of Keysight Technologies during the 4th quarter worth approximately $320,707,000. Institutional investors and hedge funds own 84.58% of the company's stock.

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Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Trading Down 7.5 %

NYSE KEYS traded down $10.73 during trading hours on Thursday, hitting $131.77. 395,719 shares of the company's stock were exchanged, compared to its average volume of 1,157,124. The firm has a market capitalization of $22.77 billion, a P/E ratio of 37.50, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month 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. The business's 50 day moving average is $159.56 and its 200-day moving average is $161.44.

Analyst Ratings Changes

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

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.