Squarepoint Ops LLC Increases Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Squarepoint Ops LLC increased its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 366.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,664 shares of the scientific and technical instruments company's stock after acquiring an additional 3,665 shares during the period. Squarepoint Ops LLC's holdings in Keysight Technologies were worth $749,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KEYS. EverSource Wealth Advisors LLC grew its position in Keysight Technologies by 3.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after buying an additional 61 shares during the period. Caprock Group LLC lifted its stake in Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after purchasing an additional 66 shares in the last quarter. Signaturefd LLC lifted its position in Keysight Technologies by 2.8% during the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock worth $387,000 after buying an additional 66 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Keysight Technologies by 5.1% during the 4th quarter. Citizens Financial Group Inc. RI now owns 1,629 shares of the scientific and technical instruments company's stock valued at $262,000 after acquiring an additional 79 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Keysight Technologies by 4.3% in the 4th quarter. Parallel Advisors LLC now owns 2,159 shares of the scientific and technical instruments company's stock valued at $347,000 after purchasing an additional 89 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Analyst Ratings Changes

KEYS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Wells Fargo & Company upped their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Morgan Stanley increased their price target on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Finally, Bank of America raised their price objective on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, Keysight Technologies has a consensus rating of "Moderate Buy" and an average price target of $183.00.

Keysight Technologies Trading Down 0.3%

KEYS traded down $0.46 during mid-day trading on Thursday, hitting $160.60. 310,810 shares of the stock were exchanged, compared to its average volume of 1,122,785. The firm's fifty day moving average is $148.16 and its two-hundred day moving average is $159.74. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The company has a market cap of $27.75 billion, a PE ratio of 45.88, a PEG ratio of 2.41 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the firm earned $1.41 earnings per share. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. Equities analysts forecast that Keysight Technologies, Inc. will post 6.32 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the completion of the sale, the senior vice president now directly owns 36,986 shares of the company's stock, valued at $5,835,651.08. The trade was a 16.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the completion of the transaction, the chief financial officer now owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,247 shares of company stock valued at $2,086,720. 0.61% of the stock is currently owned by company insiders.

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.