Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Ariel Investments LLC

Ariel Investments LLC lowered its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 287,236 shares of the scientific and technical instruments company's stock after selling 10,686 shares during the quarter. Ariel Investments LLC owned 0.17% of Keysight Technologies worth $46,139,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. AlTi Global Inc. grew its holdings in shares of Keysight Technologies by 1.4% in the fourth quarter. AlTi Global Inc. now owns 6,587 shares of the scientific and technical instruments company's stock worth $1,091,000 after purchasing an additional 93 shares during the last quarter. Cypress Advisory Group LLC purchased a new stake in Keysight Technologies during the 4th quarter valued at $541,000. Caisse DE Depot ET Placement DU Quebec grew its holdings in Keysight Technologies by 867.4% in the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 32,901 shares of the scientific and technical instruments company's stock worth $5,285,000 after acquiring an additional 29,500 shares during the last quarter. Freestone Grove Partners LP purchased a new position in shares of Keysight Technologies in the fourth quarter valued at about $320,000. Finally, Utah Retirement Systems raised its stake in shares of Keysight Technologies by 0.3% during the fourth quarter. Utah Retirement Systems now owns 28,913 shares of the scientific and technical instruments company's stock valued at $4,644,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Insider Transactions at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of the company's 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 transaction, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.61% of the company's stock.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS traded down $0.54 during midday trading on Tuesday, reaching $146.75. The company's stock had a trading volume of 563,617 shares, compared to its average volume of 1,148,942. The firm has a market capitalization of $25.36 billion, a PE ratio of 41.93, a P/E/G ratio of 2.41 and a beta of 1.10. The stock has a fifty day moving average of $145.68 and a 200 day moving average of $159.20. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analyst Upgrades and Downgrades

A number of analysts recently commented on KEYS shares. Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a research note on Thursday, February 27th. Wells Fargo & Company increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. reduced their target price on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, StockNews.com lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $181.33.

Keysight Technologies Company 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.