Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,695 shares of the scientific and technical instruments company's stock after buying an additional 22,153 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of Keysight Technologies worth $45,323,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in KEYS. Boston Partners grew its holdings in shares of Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after buying an additional 704,920 shares in the last quarter. Madison Investment Advisors LLC acquired a new position in Keysight Technologies during the 4th quarter worth approximately $88,166,000. Los Angeles Capital Management LLC grew its stake in shares of Keysight Technologies by 330.3% during the 4th 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 in the last quarter. ANTIPODES PARTNERS Ltd grew its position in 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 in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Keysight Technologies during the 4th quarter worth about $58,367,000. Institutional investors own 84.58% of the company's stock.
Analysts Set New Price Targets
KEYS has been the subject of several analyst reports. JPMorgan Chase & Co. upgraded Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Wells Fargo & Company increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. Finally, Robert W. Baird upped their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat, Keysight Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $184.44.
Check Out Our Latest Research Report on Keysight Technologies
Keysight Technologies Stock Performance
KEYS stock traded down $16.84 during midday trading on Thursday, reaching $134.87. 296,334 shares of the company were exchanged, compared to its average volume of 1,003,903. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The firm has a market capitalization of $23.31 billion, a price-to-earnings ratio of 38.53, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The business has a 50-day moving average price of $164.91 and a two-hundred day moving average price of $162.41. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.
Insider Buying and Selling
In other Keysight Technologies 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 transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at $17,834,765. This represents a 3.06 % decrease in their position. The transaction 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
(
Free Report)
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.
See Also
Before you consider Keysight Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keysight Technologies wasn't on the list.
While Keysight Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
