85,400 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Purchased by Talos Asset Management LP

Talos Asset Management LP acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 85,400 shares of the scientific and technical instruments company's stock, valued at approximately $13,718,000. Keysight Technologies comprises approximately 3.2% of Talos Asset Management LP's portfolio, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp boosted its holdings in shares of Keysight Technologies by 2.5% in the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company's stock valued at $1,248,773,000 after purchasing an additional 194,294 shares during the period. Swedbank AB lifted its holdings in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock worth $702,671,000 after buying an additional 292,372 shares during the period. Geode Capital Management LLC grew its position in shares of Keysight Technologies by 7.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company's stock worth $697,411,000 after buying an additional 323,235 shares in the last quarter. Boston Partners increased its stake in shares of Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock valued at $637,125,000 after buying an additional 704,920 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Keysight Technologies by 2.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,015,675 shares of the scientific and technical instruments company's stock valued at $163,148,000 after acquiring an additional 28,754 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Remove Ads

Analysts Set New Price Targets

A number of research firms have commented on KEYS. JPMorgan Chase & Co. raised shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and raised their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company lifted their price objective 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. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Finally, StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday. 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.com, Keysight Technologies has a consensus rating of "Moderate Buy" and an average target price of $184.44.

Keysight Technologies Stock Up 2.7 %

KEYS stock traded up $4.19 on Monday, hitting $158.75. 737,204 shares of the company's stock were exchanged, compared to its average volume of 1,105,986. The firm has a 50 day moving average price of $166.92 and a two-hundred day moving average price of $162.14. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The stock has a market cap of $27.43 billion, a P/E ratio of 45.36, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm's stock in a transaction 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 completion of the transaction, the senior vice president now owns 85,829 shares of the company's stock, 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. Corporate insiders own 0.61% of the company's stock.

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.