Schonfeld Strategic Advisors LLC Increases Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Schonfeld Strategic Advisors LLC increased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 2,748.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 54,749 shares of the scientific and technical instruments company's stock after acquiring an additional 52,827 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Keysight Technologies were worth $8,794,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC lifted its position in shares of Keysight Technologies by 364.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after purchasing an additional 3,650,953 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Keysight Technologies by 29.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock valued at $2,588,546,000 after buying an additional 3,621,349 shares in the last quarter. Norges Bank purchased a new stake in Keysight Technologies in the 4th quarter valued at about $320,707,000. Boston Partners grew its stake in Keysight Technologies by 21.7% in the 4th quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company's stock worth $637,125,000 after acquiring an additional 704,920 shares in the last quarter. Finally, Madison Investment Advisors LLC purchased a new position in shares of Keysight Technologies during the fourth quarter worth approximately $88,166,000. Hedge funds and other institutional investors own 84.58% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on KEYS. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Robert W. Baird upped their price objective 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. Finally, JPMorgan Chase & Co. cut 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 report on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $181.33.

Insider Activity at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on 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 $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 through this hyperlink. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Down 0.8 %

NYSE KEYS traded down $1.21 on Monday, hitting $147.32. The stock had a trading volume of 337,939 shares, compared to its average volume of 1,149,526. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20. The business's fifty day moving average price is $146.18 and its 200 day moving average price is $159.37. 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 stock has a market cap of $25.46 billion, a price-to-earnings ratio of 42.14, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

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.