World Investment Advisors Decreases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

World Investment Advisors lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 2.4% in the fourth quarter, HoldingsChannel reports. The fund owned 10,011 shares of the scientific and technical instruments company’s stock after selling 241 shares during the period. World Investment Advisors’ holdings in Keysight Technologies were worth $1,608,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KEYS. Norges Bank bought a new stake in Keysight Technologies in the fourth quarter valued at approximately $320,707,000. Boston Partners increased its stake in shares of Keysight Technologies by 21.7% in the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after buying an additional 704,920 shares during the period. Madison Investment Advisors LLC bought a new stake in Keysight Technologies during the 4th quarter valued at $88,166,000. Los Angeles Capital Management LLC boosted its position in Keysight Technologies by 330.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after buying an additional 517,267 shares during the period. Finally, ANTIPODES PARTNERS Ltd grew its holdings in Keysight Technologies by 282.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock worth $100,586,000 after acquiring an additional 462,403 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 6.6 %

Shares of NYSE:KEYS opened at $126.76 on Friday. 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 52-week low of $119.72 and a 52-week high of $186.20. The firm has a market capitalization of $21.91 billion, a P/E ratio of 36.22, a P/E/G ratio of 2.41 and a beta of 1.12. The stock has a 50 day moving average price of $163.25 and a 200-day moving average price of $162.15.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 3,632 shares of the business’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on KEYS shares. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price 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.