Price T Rowe Associates Inc. MD Raises Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Price T Rowe Associates Inc. MD boosted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 29.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,114,952 shares of the scientific and technical instruments company's stock after buying an additional 3,621,349 shares during the quarter. Price T Rowe Associates Inc. MD owned 9.32% of Keysight Technologies worth $2,588,546,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC increased its stake in shares of Keysight Technologies by 3.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after acquiring an additional 61 shares during the period. Caprock Group LLC grew its position in Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after purchasing an additional 66 shares during the period. Signaturefd LLC raised its stake in shares of Keysight Technologies by 2.8% during the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock valued at $387,000 after buying an additional 66 shares during the last quarter. OLD National Bancorp IN lifted its holdings in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company's stock valued at $340,000 after buying an additional 68 shares during the period. Finally, RMR Wealth Builders boosted its stake in shares of Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after buying an additional 70 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the business'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 transaction of $562,960.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.61% of the company's stock.

Wall Street Analyst Weigh In

KEYS has been the subject of several recent research reports. JPMorgan Chase & Co. reduced their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Finally, Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $181.33.

Keysight Technologies Stock Up 2.6 %

KEYS opened at $135.28 on Wednesday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a market cap of $23.38 billion, a PE ratio of 38.65, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company has a 50-day moving average price of $151.96 and a 200 day moving average price of $160.11.

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.

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