Capital World Investors Grows Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Capital World Investors increased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,790,432 shares of the scientific and technical instruments company's stock after buying an additional 511,724 shares during the quarter. Capital World Investors owned approximately 2.19% of Keysight Technologies worth $608,857,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of Keysight Technologies during the 4th quarter worth about $320,707,000. Boston Partners raised its holdings in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after acquiring an additional 704,920 shares during the period. Madison Investment Advisors LLC acquired a new stake in Keysight Technologies during the fourth quarter worth approximately $88,166,000. Los Angeles Capital Management LLC boosted its holdings in shares of Keysight Technologies by 330.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock worth $108,244,000 after acquiring an additional 517,267 shares during the period. Finally, ANTIPODES PARTNERS Ltd grew its position in shares of Keysight Technologies by 282.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company's stock valued at $100,586,000 after purchasing an additional 462,403 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on KEYS shares. Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. reduced their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat, Keysight Technologies has an average rating of "Moderate Buy" and a consensus price target of $181.33.

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction that occurred 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 transaction, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.61% of the company's stock.

Keysight Technologies Trading Down 0.6 %

Shares of NYSE KEYS traded down $0.86 during midday trading on Friday, reaching $142.94. The stock had a trading volume of 294,756 shares, compared to its average volume of 1,147,036. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve 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 company's 50 day moving average price is $150.25 and its 200 day moving average price is $159.87. The firm has a market cap of $24.70 billion, a price-to-earnings ratio of 40.94, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

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.