Voya Investment Management LLC Sells 20,620 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Voya Investment Management LLC decreased its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 18.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,314 shares of the scientific and technical instruments company's stock after selling 20,620 shares during the period. Voya Investment Management LLC owned about 0.05% of Keysight Technologies worth $14,668,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in KEYS. Integrated Wealth Concepts LLC boosted its holdings in shares of Keysight Technologies by 5.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 2,459 shares of the scientific and technical instruments company's stock valued at $395,000 after acquiring an additional 121 shares in the last quarter. MGO One Seven LLC acquired a new stake in shares of Keysight Technologies during the fourth quarter valued at about $263,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Keysight Technologies by 29.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock worth $2,588,546,000 after purchasing an additional 3,621,349 shares during the last quarter. Dark Forest Capital Management LP increased its stake in shares of Keysight Technologies by 84.0% in the fourth 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 buying an additional 2,313 shares during the period. Finally, J. Safra Sarasin Holding AG boosted its position in Keysight Technologies by 30.3% during the 4th quarter. J. Safra Sarasin Holding AG now owns 89,387 shares of the scientific and technical instruments company's stock worth $14,358,000 after buying an additional 20,807 shares during the period. Institutional investors and hedge funds own 84.58% of the company's stock.

Wall Street Analyst Weigh In

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

Keysight Technologies Trading Up 2.0 %

KEYS stock traded up $2.84 during mid-day trading on Friday, reaching $148.38. The company's stock had a trading volume of 979,411 shares, compared to its average volume of 1,151,343. The company has a market cap of $25.64 billion, a price-to-earnings ratio of 42.39, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The business's 50 day moving average price is $146.18 and its 200 day moving average price is $159.36. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Insider Activity

In related news, CFO Neil Dougherty sold 3,632 shares of the business's stock in a transaction dated Thursday, March 27th. The stock was 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 directly owns 115,063 shares of the company's stock, valued at $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.61% of the stock is currently owned by company insiders.

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.