Los Angeles Capital Management LLC Has $108.24 Million Stock Position in Keysight Technologies, Inc. (NYSE:KEYS)

Los Angeles Capital Management LLC grew its position in Keysight Technologies, Inc. (NYSE:KEYS) by 330.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 673,872 shares of the scientific and technical instruments company’s stock after acquiring an additional 517,267 shares during the period. Los Angeles Capital Management LLC owned 0.39% of Keysight Technologies worth $108,244,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of KEYS. Truvestments Capital LLC bought a new position in Keysight Technologies in the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies during the 3rd quarter worth about $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC raised its holdings in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares during the period. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $173.19 on Tuesday. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The business’s 50 day simple moving average is $169.82 and its 200 day simple moving average is $160.60. The company has a market cap of $29.95 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 2.41 and a beta of 1.02.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KEYS shares. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Barclays increased their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $182.22.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Kailash Narayanan sold 595 shares of the stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the sale, the senior vice president now owns 35,912 shares of the company’s stock, valued at approximately $6,151,725.60. This represents a 1.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,713 shares of company stock worth $5,513,815. Insiders own 0.61% of the company’s stock.

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.