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

Boston Partners lifted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,958,274 shares of the scientific and technical instruments company’s stock after purchasing an additional 704,920 shares during the period. Keysight Technologies accounts for about 0.8% of Boston Partners’ investment portfolio, making the stock its 26th biggest holding. Boston Partners owned about 2.29% of Keysight Technologies worth $637,125,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Truvestments Capital LLC purchased a new position in Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new position in Keysight Technologies during the third quarter valued at $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $35,000. Groupama Asset Managment increased its stake in Keysight Technologies by 76.6% in the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after buying an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC increased its position in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Trading Up 1.5 %

Shares of KEYS stock opened at $154.29 on Tuesday. 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 1 year low of $119.72 and a 1 year high of $186.20. The stock has a fifty day moving average of $167.70 and a two-hundred day moving average of $162.05. The firm has a market capitalization of $26.66 billion, a PE ratio of 44.08, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Insider Activity

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.61% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $200.00 in a research note on Monday, December 16th. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Morgan Stanley upped their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 11th. Finally, Barclays boosted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $184.44.

About Keysight Technologies

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.