Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC cut its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 52.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,100 shares of the scientific and technical instruments company’s stock after selling 7,700 shares during the period. Bridgeway Capital Management LLC’s holdings in Keysight Technologies were worth $1,140,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of KEYS. Kovitz Investment Group Partners LLC lifted its holdings in Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company’s stock valued at $747,301,000 after acquiring an additional 3,650,953 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company’s stock valued at $2,588,546,000 after purchasing an additional 3,621,349 shares during the last quarter. Norges Bank purchased a new position in shares of Keysight Technologies during the 4th quarter worth $320,707,000. Boston Partners increased its position in shares of Keysight Technologies by 21.7% during 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 purchasing an additional 704,920 shares during the last quarter. Finally, Madison Investment Advisors LLC purchased a new stake in Keysight Technologies in the 4th quarter valued at about $88,166,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the 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 directly owns 115,063 shares of the company’s stock, 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 available at this link. 0.61% of the stock is owned by corporate insiders.

Keysight Technologies Price Performance

KEYS stock opened at $154.00 on Friday. The business’s 50-day moving average is $145.42 and its two-hundred day moving average is $159.12. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market capitalization of $26.61 billion, a P/E ratio of 44.00, a P/E/G ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on KEYS shares. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Robert W. Baird lifted their target price 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. Wells Fargo & Company upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. dropped their price objective on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $181.33.

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.