UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stake in Keysight Technologies, Inc. (NYSE:KEYS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,593,611 shares of the scientific and technical instruments company's stock after buying an additional 214,015 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.50% of Keysight Technologies worth $416,612,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in KEYS. Waverly Advisors LLC purchased a new stake in Keysight Technologies in the fourth quarter valued at approximately $295,000. Worldquant Millennium Advisors LLC grew its stake in shares of Keysight Technologies by 135.0% in the fourth quarter. Worldquant Millennium Advisors LLC now owns 84,552 shares of the scientific and technical instruments company's stock worth $13,582,000 after acquiring an additional 48,575 shares in the last quarter. iSAM Funds UK Ltd purchased a new stake in shares of Keysight Technologies during the fourth quarter worth $460,000. Vident Advisory LLC raised its stake in shares of Keysight Technologies by 24.2% in the fourth quarter. Vident Advisory LLC now owns 3,228 shares of the scientific and technical instruments company's stock valued at $519,000 after acquiring an additional 630 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Keysight Technologies by 366.9% in the fourth quarter. Squarepoint Ops LLC now owns 4,664 shares of the scientific and technical instruments company's stock valued at $749,000 after acquiring an additional 3,665 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company's stock.

Insider Activity

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. This represents a 3.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard P. Hamada sold 1,589 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were sold at an average price of $162.00, for a total value of $257,418.00. Following the completion of the sale, the director now directly owns 42,160 shares of the company's stock, valued at $6,829,920. This represents 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 Stock Performance

Shares of NYSE KEYS traded down $1.55 during trading hours on Monday, reaching $160.19. The stock had a trading volume of 874,739 shares, compared to its average volume of 1,137,481. The firm has a market cap of $27.68 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The firm has a 50-day moving average of $147.52 and a 200-day moving average of $159.70. 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 announced its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating 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 analysts' expectations of $1.28 billion. During the same period in the prior year, the company earned $1.41 earnings per share. The business's revenue was up 7.4% compared to the same quarter last year. Equities research analysts predict that Keysight Technologies, Inc. will post 6.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KEYS. Morgan Stanley upped 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. Wells Fargo & Company upped their target price 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 lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Wall Street Zen downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Finally, Bank of America lifted their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research report on Thursday. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of "Moderate Buy" and a consensus price target of $183.00.

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.