Keysight Technologies, Inc. (NYSE:KEYS) Stock Holdings Lowered by Man Group plc

Man Group plc lessened its position in Keysight Technologies, Inc. (NYSE:KEYS) by 40.0% during the fourth quarter, Holdings Channel reports. The fund owned 329,436 shares of the scientific and technical instruments company’s stock after selling 219,319 shares during the quarter. Man Group plc’s holdings in Keysight Technologies were worth $52,917,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Nomura Holdings Inc. bought a new stake in shares of Keysight Technologies during the fourth quarter valued at about $918,000. OMERS ADMINISTRATION Corp raised its stake in shares of Keysight Technologies by 20.4% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 7,317 shares of the scientific and technical instruments company’s stock valued at $1,175,000 after purchasing an additional 1,241 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Keysight Technologies by 2.9% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,351 shares of the scientific and technical instruments company’s stock valued at $6,482,000 after purchasing an additional 1,131 shares in the last quarter. Moore Capital Management LP bought a new stake in shares of Keysight Technologies during the fourth quarter valued at about $11,112,000. Finally, Laurion Capital Management LP bought a new stake in shares of Keysight Technologies during the fourth quarter valued at about $492,000. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Trading Down 0.3%

Shares of KEYS opened at $164.50 on Thursday. The business’s 50-day moving average price is $145.92 and its 200 day moving average price is $159.28. The stock has a market capitalization of $28.43 billion, a P/E ratio of 47.00, 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. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. The trade was a 3.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.61% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday. JPMorgan Chase & Co. cut their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Wells Fargo & Company lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $181.33.

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.