Worldquant Millennium Advisors LLC Makes New Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Worldquant Millennium Advisors LLC purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 35,977 shares of the scientific and technical instruments company's stock, valued at approximately $5,718,000.

Other hedge funds also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the 2nd quarter valued at about $27,000. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies in the 3rd quarter valued at approximately $29,000. Family Firm Inc. acquired a new position in Keysight Technologies during the 2nd quarter worth approximately $30,000. Finally, American National Bank & Trust bought a new position in shares of Keysight Technologies during the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the stock in a transaction 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 transaction, the senior vice president now owns 35,912 shares in the company, valued at $6,151,725.60. This trade represents a 1.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares of the company's stock, valued at $828,027.80. This represents a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 27,063 shares of company stock worth $4,603,201 over the last ninety days. Insiders own 0.60% of the company's stock.

Keysight Technologies Stock Performance

Shares of KEYS stock traded up $2.10 during trading on Friday, reaching $171.73. 940,461 shares of the company's stock were exchanged, compared to its average volume of 1,522,557. The firm's fifty day moving average price is $160.05 and its 200-day moving average price is $147.63. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39. The stock has a market capitalization of $29.80 billion, a PE ratio of 49.07, a PEG ratio of 2.21 and a beta of 1.00. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analyst Ratings Changes

A number of analysts have recently commented on KEYS shares. Robert W. Baird boosted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 20th. Wells Fargo & Company restated an "overweight" rating and set a $180.00 price objective on shares of Keysight Technologies in a research note on Wednesday, August 21st. JPMorgan Chase & Co. raised their price objective on Keysight Technologies from $155.00 to $165.00 and gave the company a "neutral" rating in a report on Wednesday, August 21st. Bank of America upped their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, November 20th. Finally, Morgan Stanley raised their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $177.30.

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.