First Manhattan CO. LLC. Has $144.13 Million Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

First Manhattan CO. LLC. decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 3.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 897,299 shares of the scientific and technical instruments company's stock after selling 31,778 shares during the period. First Manhattan CO. LLC. owned approximately 0.52% of Keysight Technologies worth $144,133,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Venturi Wealth Management LLC increased its stake in Keysight Technologies by 100.8% during the fourth 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. Quarry LP increased 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 purchasing an additional 284 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Keysight Technologies during the third quarter valued at $120,000. Huntington National Bank increased its stake in Keysight Technologies by 37.4% during the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock valued at $127,000 after purchasing an additional 216 shares during the last quarter. Finally, Principal Securities Inc. increased its stake in Keysight Technologies by 45.0% during the fourth quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock valued at $134,000 after purchasing an additional 259 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Activity at Keysight Technologies

In related 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 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 $17,834,765. This trade represents a 3.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on KEYS. Robert W. Baird boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. JPMorgan Chase & Co. reduced their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. 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 report on Wednesday, February 26th. Finally, StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. 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 has an average rating of "Moderate Buy" and an average price target of $181.33.

Keysight Technologies Price Performance

Shares of Keysight Technologies stock traded up $1.76 during trading on Friday, hitting $154.00. 784,534 shares of the company's stock traded hands, compared to its average volume of 1,149,577. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm's fifty day moving average price is $145.42 and its 200 day moving average price is $159.16. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a market cap of $26.61 billion, a PE ratio of 44.00, a PEG ratio of 2.41 and a beta of 1.10.

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.