Portfolio Design Labs LLC Has $2.50 Million Position in Keysight Technologies, Inc. (NYSE:KEYS)

Portfolio Design Labs LLC increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 17.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,554 shares of the scientific and technical instruments company's stock after buying an additional 2,336 shares during the quarter. Portfolio Design Labs LLC's holdings in Keysight Technologies were worth $2,498,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC increased its holdings in Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock valued at $697,411,000 after purchasing an additional 323,235 shares in the last quarter. Swedbank AB raised its holdings in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock valued at $702,671,000 after buying an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC lifted its position in Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company's stock worth $109,138,000 after buying an additional 254,985 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company's stock worth $158,692,000 after acquiring an additional 216,564 shares during the last quarter. Finally, State Street Corp increased its position in Keysight Technologies by 2.5% in the 3rd 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. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company's stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock valued at $5,573,941 over the last three months. 0.61% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

KEYS has been the topic of several research analyst reports. Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an "underperform" rating in a research note on Wednesday, November 20th. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. Susquehanna reaffirmed a "positive" rating and set a $185.00 price target on shares of Keysight Technologies in a research note on Wednesday, November 20th. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $180.80.

Keysight Technologies Trading Up 2.3 %

NYSE KEYS traded up $4.10 during trading on Friday, reaching $183.40. 1,337,408 shares of the stock traded hands, compared to its average volume of 865,004. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $184.35. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The firm has a market cap of $31.71 billion, a price-to-earnings ratio of 52.40, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The stock's 50-day moving average price is $168.38 and its 200 day moving average price is $158.09.

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.