Quantinno Capital Management LP Boosts Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Quantinno Capital Management LP grew its position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 35.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,534 shares of the scientific and technical instruments company's stock after purchasing an additional 9,370 shares during the quarter. Quantinno Capital Management LP's holdings in Keysight Technologies were worth $5,708,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. grew its position in Keysight Technologies by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 20,873,635 shares of the scientific and technical instruments company's stock worth $3,352,932,000 after purchasing an additional 55,223 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after buying an additional 3,621,349 shares during the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Keysight Technologies by 364.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after buying an additional 3,650,953 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock valued at $708,349,000 after acquiring an additional 17,213 shares during the period. Finally, Boston Partners raised its stake in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after acquiring an additional 704,920 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Stock Performance

NYSE KEYS traded down $0.30 during mid-day trading on Wednesday, reaching $162.50. 2,412,410 shares of the stock were exchanged, compared to its average volume of 1,153,170. The company has a market capitalization of $28.08 billion, a P/E ratio of 46.43, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The business's 50 day moving average is $147.01 and its 200-day moving average is $159.63. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share 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 business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter in the prior year, the firm posted $1.41 earnings per share. The company's revenue was up 7.4% compared to the same quarter last year. On average, equities research analysts forecast that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Morgan Stanley increased their price objective on Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, May 13th. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research note on Wednesday. Wells Fargo & Company increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. Finally, StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. One investment 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 presently has a consensus rating of "Moderate Buy" and an average price target of $181.89.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the transaction, the chief financial officer now directly 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 is accessible through this hyperlink. 0.61% of the stock is owned by corporate 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.