Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,537 shares of the scientific and technical instruments company's stock after selling 16,552 shares during the quarter. Tredje AP fonden owned approximately 0.06% of Keysight Technologies worth $16,631,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Los Angeles Capital Management LLC boosted its position in Keysight Technologies by 330.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company's stock worth $108,244,000 after acquiring an additional 517,267 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its position in 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 acquiring an additional 462,403 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Keysight Technologies during the fourth quarter worth about $58,367,000. Geode Capital Management LLC boosted its position in Keysight Technologies by 7.9% during the third 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 acquiring an additional 323,235 shares during the last quarter. Finally, Swedbank AB boosted its position in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company's stock worth $702,671,000 after acquiring an additional 292,372 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Morgan Stanley boosted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 11th. Finally, Wells Fargo & Company boosted 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. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $184.44.

Insider Activity

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company'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 transaction of $970,740.00. Following the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.61% of the company's stock.

Keysight Technologies Trading Up 2.7 %

Shares of Keysight Technologies stock traded up $3.95 on Friday, reaching $152.11. The company had a trading volume of 758,417 shares, compared to its average volume of 1,112,239. The firm's 50 day moving average price is $167.92 and its two-hundred day moving average price is $161.98. The firm has a market cap of $26.29 billion, a PE ratio of 43.46, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Keysight Technologies 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.