Keysight Technologies, Inc. (NYSE:KEYS) Stake Boosted by Hahn Capital Management LLC

Hahn Capital Management LLC increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 40.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,551 shares of the scientific and technical instruments company’s stock after purchasing an additional 17,521 shares during the quarter. Keysight Technologies accounts for about 4.3% of Hahn Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Hahn Capital Management LLC’s holdings in Keysight Technologies were worth $9,726,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. lifted its stake in Keysight Technologies by 8.8% during the fourth quarter. QRG Capital Management Inc. now owns 20,479 shares of the scientific and technical instruments company’s stock worth $3,290,000 after purchasing an additional 1,661 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Keysight Technologies in the fourth quarter worth $14,785,000. Oppenheimer Asset Management Inc. increased its position in Keysight Technologies by 0.7% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 49,664 shares of the scientific and technical instruments company’s stock worth $7,978,000 after buying an additional 365 shares during the period. Mn Services Vermogensbeheer B.V. increased its position in Keysight Technologies by 1.8% in the fourth quarter. Mn Services Vermogensbeheer B.V. now owns 68,303 shares of the scientific and technical instruments company’s stock worth $10,972,000 after buying an additional 1,200 shares during the period. Finally, Argonautica Private Wealth Management Inc. increased its position in Keysight Technologies by 1.1% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 8,134 shares of the scientific and technical instruments company’s stock worth $1,307,000 after buying an additional 91 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Price Performance

Shares of KEYS opened at $158.38 on Friday. The stock’s fifty day moving average is $169.91 and its 200-day moving average is $160.93. The firm has a market capitalization of $27.38 billion, a price-to-earnings ratio of 45.25, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Buying and Selling

In related news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. The trade was a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,118 shares of company stock valued at $5,411,891 over the last three months. Company insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Susquehanna reaffirmed a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley increased their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 22nd. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to MarketBeat, Keysight Technologies has an average rating of “Moderate Buy” and an average price target of $184.44.

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.