Geode Capital Management LLC increased its stake in Keysight Technologies Inc. (NYSE:KEYS) by 4.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,022,842 shares of the company’s stock after buying an additional 42,298 shares during the period. Geode Capital Management LLC owned approximately 0.60% of Keysight Technologies worth $28,373,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of KEYS. Primecap Management Co. CA increased its stake in shares of Keysight Technologies by 13.4% in the first quarter. Primecap Management Co. CA now owns 6,841,577 shares of the company’s stock worth $189,785,000 after buying an additional 808,096 shares during the last quarter. UBS Group AG increased its stake in shares of Keysight Technologies by 7.9% in the first quarter. UBS Group AG now owns 68,249 shares of the company’s stock worth $1,894,000 after buying an additional 5,021 shares during the last quarter. State Street Corp increased its stake in shares of Keysight Technologies by 1.9% in the first quarter. State Street Corp now owns 4,659,993 shares of the company’s stock worth $129,275,000 after buying an additional 88,386 shares during the last quarter. BB&T Securities LLC increased its stake in shares of Keysight Technologies by 3.6% in the first quarter. BB&T Securities LLC now owns 8,345 shares of the company’s stock worth $231,000 after buying an additional 287 shares during the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Keysight Technologies during the first quarter worth $641,000.
Keysight Technologies Inc. (NYSE:KEYS) traded up 0.64% during mid-day trading on Tuesday, reaching $29.67. The company’s stock had a trading volume of 488,471 shares. The stock’s 50 day moving average is $29.61 and its 200 day moving average is $26.98. The company has a market cap of $5.05 billion and a price-to-earnings ratio of 10.21. Keysight Technologies Inc. has a 12 month low of $21.07 and a 12 month high of $34.13.
A number of equities research analysts have weighed in on KEYS shares. Zacks Investment Research downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, May 25th. Deutsche Bank AG reissued a “hold” rating on shares of Keysight Technologies in a report on Monday, April 18th. Finally, Jefferies Group reissued a “buy” rating on shares of Keysight Technologies in a report on Sunday, May 22nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $30.17.
In other Keysight Technologies news, SVP Michael Gasparian sold 5,384 shares of the stock in a transaction that occurred on Friday, May 20th. The stock was sold at an average price of $30.09, for a total value of $162,004.56. Following the transaction, the senior vice president now owns 64,490 shares in the company, valued at $1,940,504.10. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement instruments and systems and related software, software design tools, and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
