APG Asset Management N.V. Acquires 92,626 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

APG Asset Management N.V. grew its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 1,027.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 101,642 shares of the scientific and technical instruments company's stock after acquiring an additional 92,626 shares during the quarter. APG Asset Management N.V. owned 0.06% of Keysight Technologies worth $15,767,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in Keysight Technologies in the 4th quarter valued at $17,717,000. Invesco Ltd. raised its stake in Keysight Technologies by 2.1% in the fourth quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company's stock valued at $356,607,000 after purchasing an additional 45,867 shares in the last quarter. Cerity Partners LLC lifted its position in Keysight Technologies by 62.8% during the fourth quarter. Cerity Partners LLC now owns 16,274 shares of the scientific and technical instruments company's stock worth $2,605,000 after purchasing an additional 6,280 shares during the period. Federated Hermes Inc. lifted its position in Keysight Technologies by 4.9% during the fourth quarter. Federated Hermes Inc. now owns 11,223 shares of the scientific and technical instruments company's stock worth $1,803,000 after purchasing an additional 520 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new position in Keysight Technologies in the 4th quarter valued at about $159,000. 84.58% of the stock is owned by institutional investors.

Keysight Technologies Trading Up 0.5 %

KEYS stock traded up $0.72 during midday trading on Tuesday, hitting $137.11. The company had a trading volume of 198,080 shares, compared to its average volume of 1,151,169. The stock's 50 day moving average price is $157.02 and its 200 day moving average price is $161.02. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The stock has a market cap of $23.69 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 2.41 and a beta of 1.12. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

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Wall Street Analyst Weigh In

Several equities research analysts have weighed in on KEYS shares. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Wells Fargo & Company raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Finally, Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $184.44.

Insider Buying and Selling

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were 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 $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.61% of the stock is currently owned by insiders.

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.