52,383 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Acquired by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. acquired a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 52,383 shares of the scientific and technical instruments company’s stock, valued at approximately $8,432,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of KEYS. Norges Bank acquired a new stake in shares of Keysight Technologies in the fourth quarter valued at approximately $320,707,000. Boston Partners raised its position in shares of Keysight Technologies by 21.7% during the fourth quarter. Boston Partners now owns 3,958,274 shares of the scientific and technical instruments company’s stock worth $637,125,000 after acquiring an additional 704,920 shares during the last quarter. Madison Investment Advisors LLC bought a new stake in shares of Keysight Technologies during the fourth quarter worth $88,166,000. Los Angeles Capital Management LLC boosted its holdings in Keysight Technologies by 330.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after acquiring an additional 517,267 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd boosted its holdings in Keysight Technologies by 282.4% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 626,145 shares of the scientific and technical instruments company’s stock valued at $100,586,000 after acquiring an additional 462,403 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies 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 sale, the chief financial officer now 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.61% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. JPMorgan Chase & Co. upgraded 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 research report on Monday, December 16th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Wells Fargo & Company upped their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Trading Up 2.1 %

NYSE:KEYS opened at $129.72 on Tuesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The business’s 50-day simple moving average is $162.46 and its 200-day simple moving average is $162.05. 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 capitalization of $22.42 billion, a PE ratio of 37.06, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12.

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.