Northern Trust Corp Raises Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Northern Trust Corp increased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 11.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,044,862 shares of the scientific and technical instruments company's stock after purchasing an additional 217,851 shares during the quarter. Northern Trust Corp owned 1.18% of Keysight Technologies worth $328,466,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC raised its position in Keysight Technologies by 8.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company's stock worth $4,448,000 after acquiring an additional 2,260 shares during the period. Geode Capital Management LLC raised its holdings in Keysight Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock worth $708,349,000 after purchasing an additional 17,213 shares during the period. PNC Financial Services Group Inc. lifted its position in Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company's stock valued at $8,896,000 after purchasing an additional 1,755 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company's stock valued at $3,018,000 after purchasing an additional 3,857 shares during the period. Finally, Portfolio Design Labs LLC increased its position in Keysight Technologies by 17.7% in the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company's stock worth $2,498,000 after buying an additional 2,336 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on KEYS. Robert W. Baird lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research report on Thursday, February 27th. Wells Fargo & Company upped their price target 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. JPMorgan Chase & Co. lowered their target price on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $181.33.

Insider Buying and Selling

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the company's 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 sale, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. This represents a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Price Performance

NYSE:KEYS traded up $2.84 during trading hours on Friday, reaching $148.38. The stock had a trading volume of 979,411 shares, compared to its average volume of 1,151,343. The stock has a market capitalization of $25.64 billion, a PE ratio of 42.39, a PEG 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. The company has a 50 day moving average price of $146.18 and a two-hundred day moving average price of $159.36. 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 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.