Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP boosted its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 35.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,039 shares of the scientific and technical instruments company's stock after acquiring an additional 4,228 shares during the period. Wellington Management Group LLP's holdings in Keysight Technologies were worth $2,576,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC grew its holdings in shares of Keysight Technologies by 28.1% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 8,450 shares of the scientific and technical instruments company's stock valued at $1,357,000 after purchasing an additional 1,853 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Keysight Technologies by 44.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 503,177 shares of the scientific and technical instruments company's stock worth $80,825,000 after buying an additional 153,777 shares in the last quarter. Allianz SE bought a new stake in shares of Keysight Technologies in the 4th quarter worth about $1,440,000. Allstate Corp purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at about $813,000. Finally, DnB Asset Management AS lifted its holdings in shares of Keysight Technologies by 2.8% in the 4th quarter. DnB Asset Management AS now owns 32,915 shares of the scientific and technical instruments company's stock valued at $5,287,000 after acquiring an additional 906 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

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Keysight Technologies Stock Down 2.6 %

Shares of KEYS traded down $3.61 during trading hours on Wednesday, hitting $133.28. The company had a trading volume of 508,499 shares, compared to its average volume of 1,151,017. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $23.03 billion, a PE ratio of 38.08, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The company's fifty day moving average price is $156.21 and its two-hundred day moving average price is $160.85.

Insiders Place Their Bets

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. This 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 corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on KEYS shares. StockNews.com downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. 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 research note on Wednesday, February 26th. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Keysight Technologies 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.