Quantinno Capital Management LP Acquires 9,370 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Quantinno Capital Management LP grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 35.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 35,534 shares of the scientific and technical instruments company’s stock after buying an additional 9,370 shares during the quarter. Quantinno Capital Management LP’s holdings in Keysight Technologies were worth $5,708,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of KEYS. Park Avenue Securities LLC grew its stake in Keysight Technologies by 27.6% in the fourth quarter. Park Avenue Securities LLC now owns 6,654 shares of the scientific and technical instruments company’s stock worth $1,069,000 after purchasing an additional 1,440 shares in the last quarter. Avanza Fonder AB bought a new position in Keysight Technologies in the fourth quarter worth approximately $2,869,000. HB Wealth Management LLC grew its stake in Keysight Technologies by 3.9% in the fourth quarter. HB Wealth Management LLC now owns 3,412 shares of the scientific and technical instruments company’s stock worth $548,000 after purchasing an additional 129 shares in the last quarter. Mechanics Bank Trust Department bought a new position in Keysight Technologies in the fourth quarter worth approximately $241,000. Finally, UMB Bank n.a. grew its stake in Keysight Technologies by 24.6% in the fourth quarter. UMB Bank n.a. now owns 973 shares of the scientific and technical instruments company’s stock worth $156,000 after purchasing an additional 192 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on KEYS shares. JPMorgan Chase & Co. dropped their price objective on Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Wells Fargo & Company upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. Morgan Stanley upped their target price on Keysight Technologies from $156.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, May 13th. Robert W. Baird upped their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Finally, StockNews.com lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $181.33.

Insider Activity at Keysight Technologies

In related news, CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total value of $562,960.00. Following the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This trade represents a 3.06% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Price Performance

NYSE:KEYS opened at $165.49 on Friday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $28.60 billion, a PE ratio of 47.28, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The stock’s 50-day moving average price is $146.46 and its 200-day moving average price is $159.46.

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.