T. Rowe Price Investment Management Inc. Sells 827,421 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

T. Rowe Price Investment Management Inc. lessened its holdings in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 20.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,283,882 shares of the scientific and technical instruments company's stock after selling 827,421 shares during the period. T. Rowe Price Investment Management Inc. owned approximately 1.90% of Keysight Technologies worth $527,490,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in KEYS. MGO One Seven LLC acquired a new stake in shares of Keysight Technologies during the fourth quarter worth approximately $263,000. Price T Rowe Associates Inc. MD increased 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 purchasing an additional 3,621,349 shares in the last quarter. Dark Forest Capital Management LP raised its position in Keysight Technologies by 84.0% in the 4th quarter. Dark Forest Capital Management LP now owns 5,068 shares of the scientific and technical instruments company's stock valued at $814,000 after purchasing an additional 2,313 shares during the last quarter. J. Safra Sarasin Holding AG raised its position in Keysight Technologies by 30.3% in the 4th quarter. J. Safra Sarasin Holding AG now owns 89,387 shares of the scientific and technical instruments company's stock valued at $14,358,000 after purchasing an additional 20,807 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in Keysight Technologies by 2.1% in the fourth quarter. Stifel Financial Corp now owns 38,823 shares of the scientific and technical instruments company's stock worth $6,236,000 after purchasing an additional 814 shares in the last quarter. Institutional investors own 84.58% of the company's stock.

Analysts Set New Price Targets

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

Insider Transactions at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated Thursday, March 27th. The stock was 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 owns 115,063 shares in the company, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Trading Down 0.9 %

KEYS traded down $1.28 during midday trading on Monday, reaching $142.73. 135,598 shares of the company were exchanged, compared to its average volume of 1,147,781. The stock has a market capitalization of $24.67 billion, a P/E ratio of 40.61, a PEG ratio of 2.41 and a beta of 1.12. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The stock's 50-day simple moving average is $149.43 and its 200 day simple moving average is $159.82. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.