Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd grew its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 0.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 254,274 shares of the scientific and technical instruments company’s stock after buying an additional 2,005 shares during the period. UniSuper Management Pty Ltd’s holdings in Keysight Technologies were worth $40,844,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Boston Partners increased its position in Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after buying an additional 704,920 shares during the period. Madison Investment Advisors LLC acquired a new position in shares of Keysight Technologies in the 4th quarter valued at $88,166,000. Los Angeles Capital Management LLC raised its position in Keysight Technologies by 330.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after purchasing an additional 517,267 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its position in Keysight Technologies by 282.4% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock worth $100,586,000 after purchasing an additional 462,403 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Keysight Technologies in the fourth quarter valued at $58,367,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

KEYS has been the subject of several recent research reports. Wells Fargo & Company increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. StockNews.com cut Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $170.00 to $200.00 in a report on Monday, December 16th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $184.44.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 1.3 %

NYSE:KEYS opened at $156.47 on Thursday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year 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. The stock has a fifty day moving average price of $166.57 and a two-hundred day moving average price of $162.29. The stock has a market capitalization of $27.04 billion, a price-to-earnings ratio of 44.71, a PEG ratio of 2.41 and a beta of 1.10.

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.