Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Mariner LLC

Mariner LLC increased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 18.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 34,662 shares of the scientific and technical instruments company’s stock after purchasing an additional 5,508 shares during the quarter. Mariner LLC’s holdings in Keysight Technologies were worth $5,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Keysight Technologies by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company’s stock valued at $3,352,932,000 after purchasing an additional 55,223 shares during the period. Geode Capital Management LLC raised its position in shares of Keysight Technologies by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company’s stock worth $708,349,000 after buying an additional 17,213 shares in the last quarter. Boston Partners lifted its stake in shares of Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after acquiring an additional 704,920 shares during the period. Invesco Ltd. increased its stake in shares of Keysight Technologies by 2.1% during the fourth quarter. Invesco Ltd. now owns 2,220,050 shares of the scientific and technical instruments company’s stock valued at $356,607,000 after acquiring an additional 45,867 shares during the period. Finally, Norges Bank bought a new stake in Keysight Technologies during the fourth quarter worth approximately $320,707,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $135.51 on Friday. The business has a fifty day simple moving average of $153.76 and a 200 day simple moving average of $160.41. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The firm has a market cap of $23.42 billion, a price-to-earnings ratio of 38.72, a P/E/G ratio of 2.41 and a beta of 1.12.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on KEYS shares. Wells Fargo & Company boosted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. reduced their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $181.33.

Insider Transactions at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.61% of the company’s stock.

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.