Wellington Management Group LLP Acquires 4,228 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Wellington Management Group LLP lifted its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 35.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,039 shares of the scientific and technical instruments company's stock after purchasing an additional 4,228 shares during the period. Wellington Management Group LLP's holdings in Keysight Technologies were worth $2,576,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in KEYS. Venturi Wealth Management LLC grew its holdings in shares of Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock valued at $43,000 after purchasing an additional 133 shares during the last quarter. Sunbelt Securities Inc. grew its holdings in shares of Keysight Technologies by 241.8% during the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock valued at $44,000 after purchasing an additional 191 shares during the last quarter. Quarry LP boosted its position in Keysight Technologies by 188.1% during the 4th quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock valued at $70,000 after buying an additional 284 shares during the period. Huntington National Bank grew its holdings in Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock worth $127,000 after acquiring an additional 216 shares during the last quarter. Finally, Principal Securities Inc. grew its holdings in Keysight Technologies by 45.0% in the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock worth $134,000 after acquiring an additional 259 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies 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 directly owns 115,063 shares of the company's stock, valued at approximately $17,834,765. The trade was a 3.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard P. Hamada sold 1,589 shares of Keysight Technologies stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $162.00, for a total transaction of $257,418.00. Following the completion of the transaction, the director now directly owns 42,160 shares of the company's stock, valued at $6,829,920. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,247 shares of company stock valued at $2,086,720. Insiders own 0.61% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Morgan Stanley raised their price target on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Bank of America raised their price target on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a report on Thursday, May 22nd. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. raised their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and an average price target of $183.00.

Keysight Technologies Trading Down 0.9%

Shares of NYSE KEYS opened at $159.67 on Friday. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The stock has a market cap of $27.59 billion, a P/E ratio of 45.62, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The firm has a 50-day moving average of $148.36 and a 200 day moving average of $159.80. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

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, 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 company had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same period last year, the company posted $1.41 EPS. Keysight Technologies's revenue was up 7.4% on a year-over-year basis. As a group, sell-side analysts expect that Keysight Technologies, Inc. will post 6.32 EPS for the current fiscal year.

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.

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