Boston Partners Acquires 704,920 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Boston Partners increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 21.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,958,274 shares of the scientific and technical instruments company’s stock after buying an additional 704,920 shares during the quarter. Keysight Technologies accounts for about 0.8% of Boston Partners’ investment portfolio, making the stock its 26th largest holding. Boston Partners’ holdings in Keysight Technologies were worth $637,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently modified their holdings of KEYS. Swedbank AB raised its position in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of Keysight Technologies by 2.3% in the 3rd quarter. Victory Capital Management Inc. now owns 140,764 shares of the scientific and technical instruments company’s stock worth $22,372,000 after purchasing an additional 3,174 shares during the period. Empowered Funds LLC raised its holdings in shares of Keysight Technologies by 12.1% in the 3rd quarter. Empowered Funds LLC now owns 8,222 shares of the scientific and technical instruments company’s stock worth $1,307,000 after purchasing an additional 885 shares during the period. Natixis Advisors LLC raised its holdings in Keysight Technologies by 8.7% during the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock valued at $28,125,000 after acquiring an additional 14,185 shares during the period. Finally, Swiss National Bank raised its holdings in Keysight Technologies by 0.3% during the 3rd quarter. Swiss National Bank now owns 518,000 shares of the scientific and technical instruments company’s stock valued at $82,326,000 after acquiring an additional 1,300 shares during the period. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $154.29 on Tuesday. The firm’s 50 day moving average price is $167.70 and its 200-day moving average price is $162.05. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The firm has a market cap of $26.66 billion, a P/E ratio of 44.08, a P/E/G ratio of 2.41 and a beta of 1.10.

Analyst Ratings Changes

A number of research analysts have recently commented on KEYS shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 11th. Finally, Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

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.