QRG Capital Management Inc. Purchases 1,661 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

QRG Capital Management Inc. lifted its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,479 shares of the scientific and technical instruments company’s stock after buying an additional 1,661 shares during the period. QRG Capital Management Inc.’s holdings in Keysight Technologies were worth $3,290,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Natixis Advisors LLC lifted its holdings in shares of Keysight Technologies by 8.7% in the 3rd quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after acquiring an additional 14,185 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Keysight Technologies by 72.6% in the third quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after purchasing an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. lifted its stake in Keysight Technologies by 28.7% in the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after purchasing an additional 17,962 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Keysight Technologies by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock valued at $3,018,000 after buying an additional 3,857 shares during the period. Finally, LMR Partners LLP purchased a new position in shares of Keysight Technologies in the third quarter worth about $14,339,000. Institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,118 shares of company stock valued at $5,411,891. 0.61% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Robert W. Baird increased their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Wells Fargo & Company lifted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $184.44.

Keysight Technologies Trading Up 0.9 %

Shares of KEYS opened at $159.61 on Friday. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year 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 firm’s 50-day moving average price is $169.84 and its 200-day moving average price is $161.41. The firm has a market capitalization of $27.60 billion, a price-to-earnings ratio of 45.60, a PEG ratio of 2.41 and a beta of 1.02.

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.