Martingale Asset Management L P Has $1.31 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Martingale Asset Management L P boosted its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 39.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,157 shares of the scientific and technical instruments company's stock after acquiring an additional 2,303 shares during the period. Martingale Asset Management L P's holdings in Keysight Technologies were worth $1,310,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Keysight Technologies in the fourth quarter valued at about $320,707,000. Boston Partners increased its stake in shares of 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 last quarter. Madison Investment Advisors LLC acquired a new stake in shares of Keysight Technologies in the 4th quarter valued at approximately $88,166,000. Los Angeles Capital Management LLC boosted its stake in 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 during the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its holdings in Keysight Technologies by 282.4% during 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 period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

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

Keysight Technologies Stock Up 0.4 %

Keysight Technologies stock traded up $0.55 during midday trading on Tuesday, reaching $136.94. The stock had a trading volume of 709,101 shares, compared to its average volume of 1,153,431. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year 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 firm's fifty day simple moving average is $156.21 and its 200-day simple moving average is $160.85. The stock has a market capitalization of $23.67 billion, a P/E ratio of 39.13, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

Insider Activity

In other Keysight Technologies 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 value of $562,960.00. Following the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.61% of the stock is owned by corporate insiders.

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.