Quantbot Technologies LP Makes New Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Quantbot Technologies LP bought a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 13,161 shares of the scientific and technical instruments company's stock, valued at approximately $2,114,000.

Several other large investors have also modified their holdings of the stock. Truvestments Capital LLC purchased a new position in Keysight Technologies during the 3rd quarter worth $28,000. Erste Asset Management GmbH purchased a new position in Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the third quarter valued at $35,000. Groupama Asset Managment boosted its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company's stock worth $35,000 after purchasing an additional 9,437 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after purchasing an additional 133 shares during the period. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.61% of the company's stock.

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Analyst Upgrades and Downgrades

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

Keysight Technologies Trading Down 0.7 %

Keysight Technologies stock traded down $1.02 during trading on Thursday, reaching $155.38. The company had a trading volume of 742,490 shares, compared to its average volume of 1,099,815. 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 has a market capitalization of $26.85 billion, a price-to-earnings ratio of 44.39, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The stock's 50 day moving average price is $166.57 and its two-hundred day moving average price is $162.29.

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.