Worldquant Millennium Advisors LLC Increases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Worldquant Millennium Advisors LLC increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 135.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,552 shares of the scientific and technical instruments company's stock after acquiring an additional 48,575 shares during the period. Worldquant Millennium Advisors LLC's holdings in Keysight Technologies were worth $13,582,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Venturi Wealth Management LLC grew its position 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 in the last quarter. Quarry LP boosted its stake in Keysight Technologies by 188.1% during the fourth 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 raised its holdings in shares of 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 valued at $127,000 after acquiring an additional 216 shares in the last quarter. Principal Securities Inc. raised its holdings in shares of 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 valued at $134,000 after acquiring an additional 259 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Keysight Technologies by 45.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company's stock valued at $155,000 after acquiring an additional 300 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock opened at $162.50 on Thursday. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The stock has a market capitalization of $28.08 billion, a price-to-earnings ratio of 46.43, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a fifty day moving average of $147.22 and a 200-day moving average of $159.65. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on KEYS. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. StockNews.com cut shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Morgan Stanley lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a report on Wednesday. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company 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 issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $181.89.

Insider Activity

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 value of $562,960.00. Following the sale, 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 Securities & Exchange Commission, which is available through this link. Insiders own 0.61% of the company's stock.

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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