Russell Investments Group Ltd. Buys 29,512 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Russell Investments Group Ltd. raised its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 15.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,825 shares of the scientific and technical instruments company's stock after acquiring an additional 29,512 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.13% of Keysight Technologies worth $35,161,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Groupama Asset Managment lifted its holdings in 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 valued at $35,000 after purchasing an additional 9,437 shares during the last quarter. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the third quarter valued at about $35,000. Venturi Wealth Management LLC lifted 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 buying an additional 133 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock worth $57,000 after buying an additional 158 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Keysight Technologies during the 3rd quarter worth about $120,000. Institutional investors own 84.58% of the company's stock.

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Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Price Performance

KEYS traded up $0.02 on Friday, hitting $133.43. 1,590,979 shares of the stock were exchanged, compared to its average volume of 1,154,251. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm has a market capitalization of $23.06 billion, a price-to-earnings ratio of 38.12, a PEG ratio of 2.41 and a beta of 1.12. The business has a 50-day moving average of $157.85 and a two-hundred day moving average of $161.18.

Wall Street Analysts Forecast Growth

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

Keysight Technologies Company Profile

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.