Mizuho Securities USA LLC increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 45.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,448 shares of the scientific and technical instruments company's stock after purchasing an additional 5,130 shares during the period. Mizuho Securities USA LLC's holdings in Keysight Technologies were worth $2,642,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Boston Partners lifted its holdings in Keysight Technologies by 21.7% during the 4th 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 purchased a new stake in Keysight Technologies during the 4th quarter worth about $88,166,000. Los Angeles Capital Management LLC raised its position in Keysight Technologies by 330.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock valued at $108,244,000 after purchasing an additional 517,267 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its stake in shares of 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 worth $100,586,000 after buying an additional 462,403 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Keysight Technologies in the fourth quarter worth approximately $58,367,000. Hedge funds and other institutional investors own 84.58% of the company's stock.
Insider Buying and Selling
In related news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares of the company's stock, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.61% of the company's stock.
Wall Street Analyst Weigh In
KEYS has been the subject of a number of analyst reports. Robert W. Baird boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. raised Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Finally, StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $184.44.
Read Our Latest Analysis on Keysight Technologies
Keysight Technologies Stock Performance
NYSE:KEYS traded down $4.75 during trading hours on Friday, reaching $150.40. 767,569 shares of the company's stock were exchanged, compared to its average volume of 1,150,254. 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 capitalization of $25.99 billion, a price-to-earnings ratio of 42.97, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a 50-day moving average of $166.07 and a 200 day moving average of $162.27.
Keysight Technologies Profile
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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.
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