Keysight Technologies, Inc. (NYSE:KEYS) Shares Bought by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD raised its position in Keysight Technologies, Inc. (NYSE:KEYS) by 29.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,114,952 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,621,349 shares during the quarter. Price T Rowe Associates Inc. MD owned about 0.09% of Keysight Technologies worth $2,588,546,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Venturi Wealth Management LLC lifted its holdings in Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after acquiring an additional 133 shares during the last quarter. Versant Capital Management Inc raised its position in Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Keysight Technologies in the 3rd quarter valued at $120,000. Huntington National Bank grew its holdings in shares of Keysight Technologies by 37.4% during the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock worth $127,000 after purchasing an additional 216 shares during the period. Finally, Principal Securities Inc. increased its position in shares of Keysight Technologies by 45.0% during the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company’s stock worth $134,000 after purchasing an additional 259 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent analyst reports. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. decreased their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $181.33.

Keysight Technologies Trading Up 2.6 %

KEYS opened at $135.28 on Wednesday. The business has a fifty day moving average price of $151.96 and a 200 day moving average price of $160.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a market capitalization of $23.38 billion, a price-to-earnings ratio of 38.65, a PEG ratio of 2.41 and a beta of 1.12.

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.