ExodusPoint Capital Management LP Purchases 7,098 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

ExodusPoint Capital Management LP raised its position in Keysight Technologies, Inc. (NYSE:KEYS) by 15.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,342 shares of the scientific and technical instruments company’s stock after buying an additional 7,098 shares during the period. ExodusPoint Capital Management LP’s holdings in Keysight Technologies were worth $8,729,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of KEYS. Nicolet Advisory Services LLC lifted its holdings in Keysight Technologies by 22.5% during the fourth quarter. Nicolet Advisory Services LLC now owns 5,090 shares of the scientific and technical instruments company’s stock worth $821,000 after acquiring an additional 935 shares during the period. Bryce Point Capital LLC purchased a new stake in shares of Keysight Technologies during the 4th quarter valued at $2,052,000. DKM Wealth Management Inc. bought a new stake in shares of Keysight Technologies during the 4th quarter worth $233,000. Huntington National Bank boosted its holdings 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 worth $127,000 after buying an additional 216 shares during the last quarter. Finally, Kesler Norman & Wride LLC bought a new position in Keysight Technologies during the fourth quarter valued at about $637,000. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $126.76 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The stock has a market cap of $21.91 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The stock has a fifty day moving average of $163.25 and a 200-day moving average of $162.07.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on KEYS shares. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. According to MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus 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.