Bridgeway Capital Management LLC reduced its position in shares of Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 52.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,100 shares of the scientific and technical instruments company's stock after selling 7,700 shares during the quarter. Bridgeway Capital Management LLC's holdings in Keysight Technologies were worth $1,140,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of KEYS. Principal Financial Group Inc. raised its stake in Keysight Technologies by 2.7% in the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company's stock worth $38,099,000 after buying an additional 6,241 shares in the last quarter. RMR Wealth Builders raised its stake in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company's stock worth $417,000 after buying an additional 70 shares in the last quarter. Czech National Bank grew its stake in Keysight Technologies by 5.8% in the fourth quarter. Czech National Bank now owns 37,628 shares of the scientific and technical instruments company's stock valued at $6,044,000 after purchasing an additional 2,073 shares during the last quarter. Wedmont Private Capital grew its stake in Keysight Technologies by 3.8% in the fourth quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company's stock valued at $392,000 after purchasing an additional 88 shares during the last quarter. Finally, Community Trust & Investment Co. raised its holdings in Keysight Technologies by 0.8% in the fourth quarter. Community Trust & Investment Co. now owns 113,818 shares of the scientific and technical instruments company's stock worth $18,283,000 after purchasing an additional 958 shares in the last quarter. 84.58% of the stock is owned by institutional investors.
Keysight Technologies Stock Performance
Keysight Technologies stock traded down $0.56 during trading hours on Wednesday, hitting $164.50. 847,375 shares of the stock traded hands, compared to its average volume of 1,150,208. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20. The stock has a market capitalization of $28.43 billion, a price-to-earnings ratio of 47.00, a P/E/G ratio of 2.41 and a beta of 1.10. 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 50 day moving average price is $145.92 and its 200-day moving average price is $159.28.
Insider Buying and Selling
In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction that occurred on 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 sale, the chief financial officer now directly owns 115,063 shares in the company, valued at approximately $17,834,765. The trade was a 3.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.61% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades
KEYS has been the subject of several recent analyst reports. Morgan Stanley boosted their price objective on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday. StockNews.com lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company lifted their price target 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, Robert W. Baird lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an "outperform" rating in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.
Read Our Latest Analysis on Keysight Technologies
About Keysight Technologies
(
Free Report)
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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