Arrowstreet Capital Limited Partnership Purchases 153,777 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Arrowstreet Capital Limited Partnership lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 44.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 503,177 shares of the scientific and technical instruments company’s stock after purchasing an additional 153,777 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.29% of Keysight Technologies worth $80,825,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the 3rd quarter worth $29,000. Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC grew its position 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 worth $43,000 after acquiring an additional 133 shares in the last quarter. Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after acquiring an additional 158 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Keysight Technologies during the third quarter valued at approximately $120,000. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction on 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 directly owns 115,063 shares in the company, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.61% of the stock is owned by company insiders.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $149.91 on Tuesday. 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 stock has a market cap of $25.91 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The firm has a 50-day moving average of $165.76 and a two-hundred day moving average of $162.49. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Analysts Set New Price Targets

A number of brokerages have recently commented on KEYS. Wells Fargo & Company lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, Robert W. Baird upped their price target 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. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies 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.