9,172 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Teza Capital Management LLC

Teza Capital Management LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,172 shares of the scientific and technical instruments company's stock, valued at approximately $1,473,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of KEYS. Kovitz Investment Group Partners LLC increased its holdings in Keysight Technologies by 364.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after buying an additional 3,650,953 shares during the period. Price T Rowe Associates Inc. MD increased its holdings in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock worth $2,588,546,000 after buying an additional 3,621,349 shares during the period. Norges Bank acquired a new position in Keysight Technologies in the 4th quarter worth approximately $320,707,000. Point72 Asset Management L.P. increased its holdings in Keysight Technologies by 343.6% in the 4th quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock worth $161,946,000 after buying an additional 780,893 shares during the period. Finally, Boston Partners increased its holdings 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 buying an additional 704,920 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on KEYS shares. Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Wells Fargo & Company upped 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. Morgan Stanley upped their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 13th. JPMorgan Chase & Co. upped their price objective on Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $183.00.

Keysight Technologies Price Performance

KEYS stock traded down $1.55 during midday trading on Friday, reaching $160.19. The stock had a trading volume of 874,739 shares, compared to its average volume of 1,137,481. The company's fifty day simple moving average is $147.52 and its 200 day simple moving average is $159.73. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market cap of $27.68 billion, a price-to-earnings ratio of 45.77, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.22% and a net margin of 12.32%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter last year, the firm posted $1.41 EPS. The firm's revenue for the quarter was up 7.4% on a year-over-year basis. As a group, sell-side analysts predict that Keysight Technologies, Inc. will post 6.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Neil Dougherty sold 3,632 shares of the firm's stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This trade represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total value of $257,418.00. Following the sale, the director now directly owns 42,160 shares of the company's stock, valued at $6,829,920. The trade was a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies 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.