Keysight Technologies, Inc. (NYSE:KEYS) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP lifted its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 5.2% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,811 shares of the scientific and technical instruments company’s stock after purchasing an additional 587 shares during the period. Wellington Management Group LLP’s holdings in Keysight Technologies were worth $1,877,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. State Street Corp raised its position in Keysight Technologies by 2.5% in the 3rd quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after purchasing an additional 194,294 shares in the last quarter. Swedbank AB raised its holdings in Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Van ECK Associates Corp lifted its stake in Keysight Technologies by 6.1% in the second quarter. Van ECK Associates Corp now owns 1,378,723 shares of the scientific and technical instruments company’s stock worth $188,540,000 after acquiring an additional 79,774 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Keysight Technologies by 14.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after acquiring an additional 141,062 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its position in shares of Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after purchasing an additional 10,579 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on KEYS. Morgan Stanley lifted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft lifted their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a report on Wednesday, November 20th. Wells Fargo & Company restated an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Wednesday, August 21st. Finally, JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $170.00 to $200.00 in a research note on Monday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Performance

Shares of Keysight Technologies stock opened at $160.21 on Thursday. The firm’s fifty day simple moving average is $161.83 and its 200-day simple moving average is $148.97. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $175.39. The stock has a market capitalization of $27.80 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 2.15 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the sale, the senior vice president now owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,063 shares of company stock worth $4,603,201. 0.60% of the stock is owned by company insiders.

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.