Moore Capital Management LP Acquires Shares of 69,176 Keysight Technologies, Inc. (NYSE:KEYS)

Moore Capital Management LP purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 69,176 shares of the scientific and technical instruments company's stock, valued at approximately $11,112,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KEYS. Venturi Wealth Management LLC increased its position in shares of Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company's stock worth $43,000 after acquiring an additional 133 shares in the last quarter. Quarry LP increased its holdings in Keysight Technologies by 188.1% in the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock worth $70,000 after buying an additional 284 shares during the last quarter. Huntington National Bank lifted its stake in shares of Keysight Technologies by 37.4% in the 4th quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company's stock valued at $127,000 after purchasing an additional 216 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Keysight Technologies by 45.0% during the 4th quarter. Principal Securities Inc. now owns 834 shares of the scientific and technical instruments company's stock worth $134,000 after acquiring an additional 259 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Keysight Technologies by 45.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 959 shares of the scientific and technical instruments company's stock valued at $155,000 after purchasing an additional 300 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction dated 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 sale, the chief financial officer now 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 hyperlink. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Stock Up 0.3%

KEYS stock traded up $0.43 during midday trading on Thursday, reaching $164.89. 679,025 shares of the company's stock traded hands, compared to its average volume of 1,148,124. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a market cap of $28.49 billion, a price-to-earnings ratio of 47.11, a P/E/G ratio of 2.41 and a beta of 1.10. The firm's fifty day moving average price is $145.92 and its 200-day moving average price is $159.28. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

Several research analysts have commented on the company. Morgan Stanley lifted their price target on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a report on Wednesday, February 26th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. Robert W. Baird increased their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating for the company in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $181.33.

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.