Verition Fund Management LLC Purchases 20,448 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Verition Fund Management LLC increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 106.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,738 shares of the scientific and technical instruments company's stock after acquiring an additional 20,448 shares during the period. Verition Fund Management LLC's holdings in Keysight Technologies were worth $6,316,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in KEYS. Swedbank AB lifted its holdings in shares of Keysight Technologies by 3.8% in the 2nd quarter. Swedbank AB now owns 4,128,892 shares of the scientific and technical instruments company's stock valued at $564,626,000 after purchasing an additional 151,446 shares during the last quarter. Natixis Advisors LLC boosted its stake in shares of Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company's stock worth $28,125,000 after acquiring an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Keysight Technologies by 72.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company's stock valued at $2,685,000 after buying an additional 7,106 shares in the last quarter. Speece Thorson Capital Group Inc. increased its holdings in shares of Keysight Technologies by 28.7% during the 3rd quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company's stock worth $12,814,000 after buying an additional 17,962 shares during the last quarter. Finally, Vontobel Holding Ltd. lifted its position in shares of Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company's stock worth $171,830,000 after purchasing an additional 10,579 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on KEYS shares. Morgan Stanley lifted their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, November 20th. StockNews.com lowered Keysight Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, November 23rd. Robert W. Baird boosted their price target on Keysight Technologies from $163.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $177.30.

Insider Activity

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the firm's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now owns 4,820 shares of the company's stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the completion of the transaction, the senior vice president now directly owns 35,912 shares in the company, valued at approximately $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.60% of the company's stock.

Keysight Technologies Stock Performance

Shares of KEYS traded down $0.60 during trading hours on Tuesday, reaching $170.99. 995,684 shares of the company traded hands, compared to its average volume of 1,213,723. The business has a fifty day moving average price of $158.84 and a 200-day moving average price of $147.11. 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 12-month low of $119.72 and a 12-month high of $175.39. The stock has a market capitalization of $29.67 billion, a P/E ratio of 48.85, a P/E/G ratio of 2.20 and a beta of 1.00.

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.