Dimensional Fund Advisors LP Acquires 203,746 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Dimensional Fund Advisors LP raised its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 17.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,393,093 shares of the scientific and technical instruments company's stock after purchasing an additional 203,746 shares during the period. Dimensional Fund Advisors LP owned 0.81% of Keysight Technologies worth $223,786,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of KEYS. Norges Bank bought a new position in shares of Keysight Technologies in the fourth quarter valued at approximately $320,707,000. Boston Partners lifted its position in 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 purchasing an additional 704,920 shares during the period. Madison Investment Advisors LLC bought a new position in Keysight Technologies during the 4th quarter valued at $88,166,000. Los Angeles Capital Management LLC increased its position in shares of 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 purchasing an additional 517,267 shares during the period. Finally, ANTIPODES PARTNERS Ltd raised its stake in shares of 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 buying an additional 462,403 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Stock Down 1.0 %

NYSE KEYS traded down $1.48 during trading on Monday, hitting $142.53. 106,826 shares of the company traded hands, compared to its average volume of 1,147,611. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The business has a fifty day simple moving average of $149.43 and a 200 day simple moving average of $159.82. The company has a market capitalization of $24.63 billion, a P/E ratio of 40.72, a PEG ratio of 2.41 and a beta of 1.12. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Activity at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now owns 115,063 shares of the company's stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company increased their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $181.33.

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.